Next Issue Media, the Hulu for iPad Magazines, Expands to Canada, Adds New Investor
Next Issue Media, the publishing industry’s attempt to create a Hulu-style joint venture for digital magazines, is expanding to Canada and taking on a new investor. The JV, whose members include Time Inc., Hearst and Conde Nast, will add Rogers Communications’ Roger Media unit as an equity partner; Rogers will add two executives to Next Issue’s board of directors.