SAN FRANCISCO May 23, 2012 media group $5 million October 2011
Future’s successful fast-to-market approach demonstrates its ability to quickly address the rapidly evolving media marketplace by developing and delivering relevant digital products. Additionally, Future’s success in the tablet market underlines the global appeal of its content, ranging from technology and cycling to gaming, music, movies, crafts, and digital design.
Mac|Life, Total Film, Fast Car, T3 China Germany France
Future has also developed its own proprietary software called FutureFolio, as an Apple-approved app creation tool for enhanced and interactive digital products on the Newsstand, and is licensing this software to other publishers.
"FutureFolio was developed by us to deliver the flexibility we need to create flexible and interactive apps for our iPad editions. We believe it could potentially be a leading industry standard among other publishers who are looking to take a similar approach of going from print to digital," said Considine. "The success of our launch on Apple Newsstand not only puts Future ahead of other publishers in this arena, but reveals that people pay for digital content. Through FutureFolio, we hope to reveal new opportunities and channels for the digital publication market."
SOURCE Future US