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Magazine Publisher Future Charts Path Back To Profitability Thanks To Apple’s Newsstand

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http://techcrunch.com – Future, an international publisher whose titles include T3, Official Xbox Magazine and websites like GamesRadar, revealed in a new trading update today that it is building up a good incoming gross revenue stream from Apple Newsstand, which has driven over £5M (roughly $8M U.S) in total since Newsstand’s launch in October. Increases in digital revenues are offsetting the decline on the print side, CEO Mark Wood told me in an interview, and that trend is expected to continue. Future’s iPad strategy has also helped the company grow its international audience. Forty percent of subscr (IT news)

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Submitted by qq124 on 09/27/2012

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