Yahoo announced that it would be launching a digital news stand for tablet devices in the near future. The service, named “Livestand” will feature Yahoo’s finance, sports,newspapers, magazines and celebrity contents together with other releases.It is expected to create a personalized reading experience covering a variety of feeds.
Livestand is not the first of the kind, there will be stiff competition from news readers like Flipboard and Pulse, as well as digital publishes of Google, Apple, Adobe and others.The news stand will have content from a wide range of publishers that will be published to users in exchange for a reduction of advertising and subscription charges.
However, no information has been passed on relating to the revenue sharing deal. Livestand is expected to be launched in the first quarter of the year and will be initially available on the iPad and other Android powered tablets from Google.