Time to launch Netflix-for-magazines service

Time Inc. will take the wraps off MagHound this September – a new service that will allow folks to mix-and-match magazine subscriptions and have them delivered to their door. The key difference is commitment: you can trade titles at any time, and get out whenever you want. The pricing model is three titles for $3.95, five for $7.95 and so on. Titles outside the Time family will be available.