Selling magazine articles one-by-one is the goal of startup

A recent startup based in Toronto called Cover Story has been created to sell magazine articles on a per-article basis. 

Launched last summer, the online micropayment platform now has about 150 articles available from four Canadian magazines, including Inroads Journal, A/J Alternatives Journal, Ecoparent  and Green Teacher. Registration is free, there are no subscriptions and there are many free articles. Paid ones start at 49 cents apiece. There are no set up costs to the magazine and revenues are shared as articles are sold. 

The founders of the platform are Aditya Chityala and Aswani Pulipakal, each finance professionals with MBA degrees from the Rotman School at the University of Toronto. 

Atlantic startup The Deep close to its crowdsourcing goal

The Deep, the magazine startup for Atlantic stories by Atlantic writers, is about 25% away from its initial fundraising goal, with 25% of their $15,000 goal remaining to be contributed and about the same amount of time remaining in the campaign. So far, some 183 backers have contributed to the Kickstarter campaign. 

The intent is to publish one big, longform story every month starting in the new year.The Deep is a partnership between Halifax's The Coast magazine and writer/editors Chelsea Murray and Matthew Halliday, whose CVs as editors and writers include The Grid, Canadian Business, Quill & Quire, Toronto Life, the Toronto Star, This Magazine, The Walrus, and many more.