Six French newspapers have come together to create an online newsstand where readers will be able to buy and read their content. The initiative, which will be launched in September, was announced Thursday by France’s National Daily Press Union as an alternative to Google News, El País reported. The maneuver comes months after Google announced its intention to include advertising on its news aggregation system. French newspapers had tried to negotiate with Google to receive a percentage of the ads revenues. But, as their request was denied, they have decided to launch a paid service of their own. The content’s price will be fixed by each daily and several subscription packages to either individual articles or an entire publication will be offered. “The monetization of the web contents, which has been agreed on by the editorial groups, is the main priority,” Les Echos explained. So far, Le Monde, Libération, Le Figaro, Les Echos, Le Parisien and L’Equipe have agreed to develop and finance the virtual newsstand. Nonetheless, editors expect other newspapers and magazines to join the project. The group is also trying to obtain state subventions offered to the press by the Sarkozy administration, ABC.es informed. According to Xornal de Galicia, the six dailies are currently negotiating with Orange and Microsoft Bing to build the platform, which will be accessible by personal computer, mobile phone and e-reader gadgets like the iPad.
A consortium of magazine publishers including Time Inc. and Condé Nast are plan to jointly build an online newsstand for publications in multiple digital formats, according to people with knowledge of the plans. The formation of a new company to run the online newsstand — sometimes characterized as an “iTunes for magazines” — may be announced in early December. Time, Condé Nast, Hearst and Meredith all intend to be equity partners in the new company, although the deals have not yet been signed. In the face of slumping print circulations for many magazines, the publishing houses are eager to exert some control over digital readership, said people at the companies, who spoke on condition of anonymity because they were not authorized to talk about the plans. Some newspaper owners have also expressed interest in the joint venture. The new magazine company would, in theory, make it easy to buy print and electronic copies of publications like The New Yorker, Sports Illustrated, Esquire and Better Homes and Gardens from a single Web site. While mostly leaving the hardware to others, the alliance of competing publishers would develop software standards for magazine viewing on iPhones, BlackBerrys, e-book readers and other platforms, people with knowledge of the plans said