Wired Magazine reports that Newsstand, a new feature of iOS 5, is “hitting it big with traditional media publishers thanks to its windfall delivery of new digital subscriptions.” Newsstand keeps all app subscriptions for newspapers, magazines, and journals in one convenient place on the iOS 5 home screen and makes it easy to shop for new reading material. Wired cites Conde Nast and The New York Times among publishers seeing large spikes in app subscriptions since Newsstand launched.

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