Nick Spence, Macworld U.K.
Rival publishers including Time, Condé Nast and Hearst are expected to team-up to offer a range of best-selling high-profile magazines on the iPhone, BlackBerry and other mobile platforms.
More than 50 magazines including The New Yorker, Vanity Fair, Vogue, Time, People, Sports Illustrated, Esquire and O, The Oprah Magazine are likely to be available digitally according to New York Observer.
The plans also include the companies setting up an iTunes style digital store and are likely to be officially announced in a few weeks, when other publishers on board claims the Observer.
Time EVP John Squires will be the interim CEO of the new joint venture for the next six months, while a permanent boss is sought claims the Observer. "It's very close and more imminent than it's been," the report said, quoting one source familiar with the situation.
Recently, Apple has reportedly been talking to publishers about delivering content via the rumoured Apple Tablet, which is likely to be launched early next year.
According to The Sydney Morning Herald, last month Apple sent specifications to media companies in an effort to sound out whether they would be interested in delivering their content to the tablet.
"The tablet is tipped to be a larger version of the iPhone. It is small enough to carry in a handbag but too big to fit in a pocket. It will have a touch screen and be targeted at users who mainly want to surf the web, read books and newspapers or watch movies," the Herald claimed.
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