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Editors and executives who gathered at the American Magazine Conference this week express optimism about their future on tablet devices. Hearst Magazines expects to have $10 million worth of e-subscriptions by next summer, president David Carey said. Hearst gets about 300,000 paid digital downloads a month and expects that to double with strong holiday sales of the Kindle Fire and Nook Color e-readers. Meanwhile, Conde Nast projects $15 million in tablet revenue this year (counting subscriptions and ad revenue). | Related: Magazine editors discuss the problems and successes of developing mobile and tablet content || Earlier: Hearst memo: We’re becoming “the magazine company of the future”
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Magazine execs say tablet revenue is strong
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