New York - Time Inc.'s (NYSE: TWX) Maghound Enterprises on Tuesday announced the beta launch of Maghound, an online magazine subscription service that lets users pay a single monthly fee for access to a range of magazine titles.

New York - Facing an advertising downturn, Time Inc.'s Business 2.0 technology industry magazine may shutter in September, The New York Times reported on Tuesday.

New York - Time Inc. announced on Monday that it has tapped Web marketing and advertising firm Quigo to develop a custom ad platform for use across Time Inc.'s digital brands, which reach an audience of over 19 million unique users per month. A self-serve Web interface will allow advertisers to purchase text-based, pay-for-performance ads on an individual property like Time.com, or across a collection of Time Inc. sites, which also include CNNMoney.com, People.com, SI.com, InStyle.com and Golf.com. The companies expect the service will generate over $100 million in ad revenue over the next three years.

New York - Time Inc. will shutter its TeenPeople.com website this month and direct visitors to teen-related stories on People.com, MediaWeek reported.

Cambridge, Mass. - Internet TV distributor Brightcove announced on Monday that it has signed new agreements with publishers Time Inc. and TV Guide. Time Inc. already uses Massachusetts-based Brightcove's technology on Time.com, and plans to produce original video content for a number of its websites, which will supported by ads and distributed by Brightcove. TV Guide Broadband will use Brightcove to publish and manage online video for syndication to its website affiliates, including AOL Video and Google Video.

New York - Time Inc.'s Sports Illustrated magazine has announced that it will acquire FanNation.com, a provider of sports news and user-generated sports content, from Sports Technologies, Inc. (STI).

New York - Time Inc. has announced plans to lay off almost 300 staffers at its roster of magazines and refocus investments in its Web properties, The New York Times reported on Friday.