Around the Net
Time Inc. To Shutter 'Netflix Of The Magazine Industry'
- Folio, Thursday, February 2, 2012 2:56 PM
Time Inc. is set to close MAGHOUND, dubbed the "Netflix of the magazine industry" early in 2012, the fourth year of its operation. Using MAGHOUND, consumers could buy multiple titles from various publishers each month at discount prices without having to subscribe to any single publication.
Despite its demise, the service is credited "for the technology that allows authentication on [Time Inc.'s] tablet editions," writes Stefanie Bothelo.
