Apps Foundry just announced that it has raised $2.42 million (S$3 million) in a Series B round of funding. The Indonesian company is registered and headquartered in Singapore, and this round of funding has come from Indonesia’s largest media group, Kompas Gramedia. The company’s main product is a digital newsstand app called Scoop. This round of funding will go towards Apps… → Read More
Lekiosk, the France-based digital newsstand that last year raised $7.1 million in a Series B Round to push its vision as a “Spotify for magazines”, is today announcing a deal with Asus in a bid to grow its Android business. The makers of the Nexus 7, the PadFone and FonePad, and other tablets will preload the lekiosk app, covering some 800 magazines, as part of its ASUS@vibe+ content platform on… → Read More
Apple today quietly launched a new feature for Newsstand, whereby publications by partner Hearst (covering their entire catalog) will now be available to subscribers days before they come to print, or other digital editions. Hearst’s library includes a number of top titles, including Car and Driver, Popular Mechanics, Esquire, Seventeen and Harper’s Bazaar among many others. → Read More
Tablets, with their larger touchscreens that are less cumbersome than laptops, have been shown to lend themselves naturally to long-form content consumption, and that is spawning a new breed of services to fit the bill. One of those is Paris-based LeKiosk, a digital periodical “stall” that has now closed a Series B round of investment totalling $7.1 million to grow its business across Europe. → Read More
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… → Read More
In advance of the expected new iPhone launch taking place on September 12th, app analytics firm App Annie has taken a look at some of the traction Apple’s Newsstand is seeing in terms of both revenue and downloads. According to its data, the U.S. is the top country when it comes to revenue generated by Newsstand applications, but China leads in downloads. App Annie also found that iOS Newsstand… → Read More
There’s been some chatter about how Conde Nast’s tablet editions of its popular magazines, which have enjoyed a large increase in subscribers since the release of Apple’s Newsstand feature. It must be a pleasant surprise to the company, which as late as April was easing back on tablet content production after a less-than-stellar debut period. A lot can happen in six months, though: for example, 20… → Read More
When Apple launched subscriptions for iPad publications back in February, it effectively became a digital newsstand. With iOS 5, it will formalize the process with an official Newsstand app, exec Scott Forstall announced today at Apple’s WWDC today.
Much like its iBooks app is a store for digital books, Newsstand will be an online magazine rack where you can keep and organize all of your… → Read More
Digital publishing company LibreDigital (formerly known as NewsStand, Inc.) has secured $4 million in debt funding, the company announced this morning (an SEC filing shows they had recently raised $1.3 million for the round).
LibreDigital last raised money back in May 2010, securing $8 million in funding – its total now stands at roughly $31 million. → Read More
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