Amazon’s Kindle e-reader will have a brand new rival: Hearst Corporation, one of the biggest magazine publishers in the world, is prepping its own wireless e-reader that’ll download magazines like Cosmopolitan and Esquire over the air.
Forget the Kindle 2 or the Kindle 3, this has the potential to shake up the print industry completely. Magazine publisher Hearst has decided to launch its own e-reader to “preserve the business model that has sustained newspapers and magazines”.
Unlike Amazon, which retains control of the Kindle business model, Hearst plans to sell the devices straight to other publishers who will then come up with their own pricing schemes, opening up the chance for you to sit down on the train in the morning and pick which paper you read.
The Hearst Kindle killer will be a large size, black and white e-ink device and could be out as early as this year, with a colour version of the e-reader to follow. More details on the device that could knock the Kindle off its perch when we get them.
Out TBC | £TBC | Hearst (Via CNN)