MyGazines Settles With Magazine Publishers

Mygazines, a Napster-esque magazine service, has reached a settlement with a host of magazine publishers. From Folio:

… according to a source with knowledge of the terms, confirmed later by additional court documents, Mygazines has agreed to remove all of the publishers’ copyrighted content, review and screen uploads for any content not authorized by the publishers and open a channel to allow Mygazines to be notified when copyrighted content appears.

The service is still open, but Folio says many of the titles present at the site’s launch are no longer available. Mygazines is promoting a vague Publisher Program that offers demographics and revenue sharing.

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