Hearst to Launch Newspaper e-Reader

Publisher Hearst Corp. is intending to come out with an electronic reader for magazines and newspapers. While media group chief Kenneth Bronfin wouldn’t give out many details, he says that it is because of an investment that the company made with E Ink, the company that supplies Amazon’s Kindle and Sony’s Reader electronic ink technology. Hearst will sell the e-readers to publishers and receive a portion of the revenue. Look for the new device, which should be about the size of a standard sheet of paper, later this year.

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