Time Inc’s long-in-development magazine subscription website Maghound, which borrows concepts heavily from Netflix (NSDQ: NFLX), is slated to launch this September…this comes after four years (yes!) of continuous development and testing, according to Dave Ventresca, president of Maghound Enterprises, who spoke at an industry conference this week and explained the concept, reports Folio. Currently about 280 titles are on board, an plans to have about 100 more through this year.
The service will be a flat-rate magazine subscription site, where uses pay a monthly fee, and have access to these magazine on a per-copy basis, instead of being locked into a yearly subscription. Users will have the ability to switch titles at any time and can cancel whenever they wish.
The pricing: three titles for $3.95 per month; five titles for $7.95; seven titles for $9.95, and $1 per title for eight titles or more. Then titles that have a non-discounted traditional sub rate of around $19 or more per year are considered