Next Issue Media, a group of publishers that includes Condé Nast, Hearst, Meredith, Time Inc. and News Corporation, has announced the release of their all-inclusive magazine tablet application, which will include 32 magazines like The New Yorker, Time, Vanity Fair, Better Homes and Gardens, Elle, Esquire, Wired, Fortune, People, Real Simple and Sports Illustrated. After more than two years of preparation, the group of publishers is ready to release the app, which gives readers the chance to purchase all their magazines for a monthly rate.

Al Jazeera is launching a new iPhone app for its English news service, that will feature breaking news, opinion, features, as well as live streaming capabilities for 24 hour news broadcasts. The free app will also feature easy uploading tools that will allow citizen reporters to instantaneously submit and share content.

NewsCorp has announced that digital newspaper 'The Daily' has amassed 100,000 paid subscribers to date. 'The Daily' was launched a year ago. At the time, News Corp. chairman Rupert Murdoch said 'The Daily' would have to pull in 500,000 paying subscribers to be viable, given its weekly operating costs of $500,000. Despite the fact that 'The Daily' is currently the top grossing app, the paid subscribers level to date is well below the half-million goal set by Murdoch last year.