Time Inc.’s print magazine venture MAGHOUND is closing. The service debuted in 2008, and is expected to fold early this year. Dubbed the “Netflix of the magazine industry” in the press, MAGHOUND hawked multiple titles for a discount price, without the commitment of a subscription.
The Time Inc. subsidiary offered three titles for $4.95 a month, five for $7.95, seven mags for $9.95 and $1.00 per title for eight magazines or more. The service, which billed customers’ credit/debit cards directly, operated on a monthly cycle.
Lees verder: Folio
