Leading Publishers Form Venture To Offer Consumers New Digital Storefront And Portable Reading Experience

NEW YORK, Dec. 8 /PRNewswire/ -- Conde Nast, Hearst, Meredith, News Corporation and Time Inc. today jointly announced that they have entered into an independent venture to develop open standards for a new digital storefront and related technology that will allow consumers to enjoy their favorite media content on portable digital devices.

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