Report: Hearst Launching E-Reader
Posted in: ebooks, kindle, Today's ChiliPublishing is a scary industry to be in right now, a fact that few, if anyone, know better than the folks at Hearst Corp., the publishers of Esquire, Cosmopolitan, and the sickly San Francisco Chronicle. Looking to ride the next wave of periodical consumption, the company is planning to launch an e-book reader, in hopes of creating the Kindle of periodicals.
Sources told Fortune that the publishing house has created a large screen reader designed specifically for use with magazines and newspapers. “I can’t tell you the details of what we are doing, but I can say we are keenly interested in this, and expect these devices will be a big part of our future,” Hearst’s Kenneth Bronfin told the magazine.
Bronfin, incidentally, was behind Heart’s purchase of electronic ink supplier E Ink more than ten years ago.