Hearst To Launch E-Reader

A large-format e-reader is being launched this year by American publishing company Hearst.

CNN reports that the corporation has developed an e-reader using electronic ink technology which will enable readers to wirelessly download newspapers.

The large screen is reported to be more suited to the formats of newspapers, in comparison to the Kindle, which was primarily developed as an e-book reader.

Hearst is expected to sell the product to its fellow publishers and then take a cut of the revenue generated from newspaper and magazine sales.