Does any magazine company have a clear strategy for their digital business? Viewing it from the outside, there seems even less chance of picking who will be successful in the future.

Dennis Publishing seemed to be leading the way with online mags Monkey, iGizmo and iMotor, but has gone on to buy The First Post and  bit-tech.net. Now it’s buying Kontraband, which has been around for 10 years, and has seen unique users decline from 10 million to 3 million as online video has solidified around the likes of Youtube and the BBC iPlayer.

Integrating video from a Dennis-controlled site into the other properties might make sense – after all, the various outlets guarantee a certain number of views, and there won’t be a need to share revenue with Google/Youtube.

Future Publishing is adding an online album club costing £3 a month for Classic Rock to let people read online reviews and download advance copies of the accompanying albums.

Meanwhile Conde Nast is closing Men.Style.com to focus on a new GQ.com website, Businessweek is up for sale by McGraw-Hill, and my former home at Bauer Media has been pretty quiet on the digital front since relaunching Aloud.com and shuttering Ditto.net (which has now been removed entirely from the internet).

full article at The Way of the Web

Who do you think is leading the digital wave?