Magzter is a cross-platform, self-service, global digital newsstand with thousands of magazines and newspapers from 5,000+ publishers. Girish Ramdas and Vijayakumar Radhakrishnan founded Magzter in 2011. The company is headquartered in New York.

History

Girish Ramdas, the company's CEO, and Vijayakumar Radhakrishnan, the company's President, founded Magzter in 2011. In 2010, Radhakrishnan began the development of a platform to digitally publish magazines and provide access to consumers to the magazine store's app launch in mid-2011. In 2012, Magzter completed its Series A funding round. In September 2012, Magzter was listed The Highest Grossing App in Asia on the

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Store. In July 2013, the firm entered into a collaboration with Amazon's Kindle Fire and introduced books to their publishing platform in September 2013. The company also completed its Series B funding round that year, which raised $10 million. In early 2015, Magzter launched Magzter GOLD, an all-you-can-read subscription model, similar to Netflix or Spotify, that currently provides unlimited access to over 7,500 magazines and newspapers from around the globe. The company also has Magzter GOLD Lite, that allows unlimited access to five titles.

Business operations

Magzter distributes magazines and newspapers from several countries including the United States, the United Kingdom, Europe, China, Hong Kong, Canada, Australia, Sri Lanka, South Africa, Indonesia, India, Thailand, the Philippines, Malaysia, and Singapore. The company works with more than 5,000 publishers in more than 60 languages. In July 2022, the company had 80 employees. The Magzter app, which has amassed over 80 million downloads, is available on Apple iOS, Android (Google Play) and Amazon Appstore. The company counts among its publisher customers some marquee names including Dotdash Meredith (USA),

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(USA), Hearst (USA), A360 Media (USA),

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(USA), Maxim Inc. (USA),

Guardian News & Media Guardian Media Group plc (GMG) is a British-based mass media company owning various media operations including ''The Guardian'' and ''The Observer''. The group is wholly owned by the Scott Trust Limited, which exists to secure the financial and e ...

(UK), Dennis Publishing (UK), Future (UK), Reach Publishing Services Limited (UK),

Media24 Media24 is the print media division of the South African media company Naspers. It controls Naspers' newspaper and magazine Southern African publishing and printing activities, including Internet publishing of the 24.com collection of web portal ...

(South Africa), Tatler Asia (Singapore),

India Today Group 01 or '01 may refer to: * The year 2001, or any year ending with 01 * The month of January * 1 (number) Music * 01'' (Richard Müller album), 2001 * ''01'' (Son of Dave album), 2000 * ''01'' (Urban Zakapa album), 2011 * ''O1'' (Hiroyuki Sawano ...

(India),

The Times Group Bennett, Coleman and Company Limited, (abbreviated as B.C.C.L. and d/b/a The Times Group), is an Indian media conglomerate headquartered in Mumbai, Maharashtra. The company remains a family-owned business with Sahu Jain family owning a majori ...

(India), Worldwide Media (India), HT Digital Streams Limited (India), SPH Media Limited (Singapore), Are Media (Australia) and Grupo Expansión (Mexico). Magzter has been rapidly increasing its publisher base with magazines and newspapers from over 50 countries, making it truly the #1 choice for readers and publishers globally. Its headquarters are located in New York and sales offices and teams are in London, Mexico City, Amsterdam, Mumbai, New Delhi, Chennai, Bengaluru and Singapore.

Business model

Magzter participates in a revenue share model with publishers on magazine and newspaper sales. The company also provides publishers with real-time sales reports. Magzter also uses an automated

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service to upload magazines and newspapers.

References

External links

* {{official website, http://www.Magzter.com
Magzter Gold - "All-You-Can-Read" Subscription Model

Magzter - Apple App Store

Magzter - Google Play (Android App)

Companies established in 2011 Online publishing companies of the United States Zines Online magazines published in the United States Ebooks Magazine publishing companies of the United States American digital libraries Magazines established in 2011