According to a latest report, the forthcoming Amazon tablet shall provide support to digitalized versions of magazines published by renowned publication houses.

All Things Digital reported that according to some industry sources, the release of the new tablet by Amazon will announce collaborations with leading publishers. These include Meredith, Conde Nast, and Hearst, which are providing digital versions of their publications on the new device. According the same report, Time Warner magazine Time will not provide this support to the new tablet.

The company is scheduled to release the latest version of its tablet at a New York press meet. According to the buzz, the new tablet is available with a seven-inch display screen and supports Google’s Android OS. Moreover, a larger version of the same device compatible with Android is expected to be launched the following year.

Several magazine publications view the tablet as the next big step for their industry. Therefore, many of these including Time Warner, News Corp, and many more are providing their information on the Apple iPad with a view to capitalize on the increasing demand for the device.

Bringing digitalized information to the iPad has been difficult. The company makes it necessary for the publishers to share thirty percent of the earnings generated through the in-apps subscription. Several companies wanting to find alternative methods to overcome this requirement are offering to provide no cost iPad versions of their magazines to the print media users. Time made such an announcement in May this year to prevent having to pay thirty percent of its subscription income to Apple.

The report provided by All Things Digital, the publishers will be unable to procure any better deals with Amazon too. According to the sources from the publication houses, their companies have arrived at an agreement to provide Amazon thirty percent of their earnings generated from their applications. However, in certain instances, the company may take a higher or lower share of the earning based on the specific agreements.

Then what was the reason that drove publishers to come to an agreement with Amazon? According to one source who spoke to All Things Digital the reason is the company’s marketing and simplicity of usage. Moreover, the source added that the company was optimistic on the probability of the success of the tablet’s ecommerce efforts.
However, the company did not provide any response on CNET’s request for commenting on the report.