Future, a magazine publisher based in the UK, is planning on building out its existing digital distribution model, which has already garnered the company about $8 million over the past year.
It appears that Future's success in the digital realm is in great part thanks to Apple's iTunes Newsstand, the iOS app that allows users to purchase, organize and store digital publications all in one place.
âSales of digital editions on Apple devices have passed Â£5 million ($8 million) in the period since the Apple Newsstand was launched in October 2011,â Future reported.
Among the magazines published by the firm are PC Gamer, popular tech serial T3 and Apple-centric MacLife, the hard copy versions of which have been in print for years. Before Newsstand's release, Future's digital presence was limited to web portals TechRadar, BikeRadar and GamesRadar.
âIn March, we were at over 12 million (free) container app downloads, had five million people signed up for marketing messages, which is a lot, and way past half a million sales,â said Future CEO Mark Wood.
In order to leverage Newsstand, Future built FutureFolio, a specialized software suite which aids in the design of interactive magazines, which the company is now trying to license to competitors.