The Denver Post reports that entrepreneur Molly Graham is self-funding a new “21st-century” newsstand, called the NewsCube, to open in downtown Denver. A newsstand in a city’s downtown area is nothing new, but to have one open for the first time in 2010 is notable, especially one so expansive. The ten-foot-square cube will sell fifteen different newspapers and 400(!) magazines, and will also feature flat-screen TVs playing breaking news and sports.
Graham said she’s confident that consumers still buy magazines, even in a depressed economy. Magazines are expected to drive the majority of her sales.
“I’m a fan of the Kindle and the iPad, but you can still read The Wall Street Journal and still have all that,” Graham said. “There’s enough business for everyone.”
The NewsCube will be not only a place to buy the news, but to meet and talk about it, too.
“We want people standing around if there’s something serious on CNN,” Graham said. “We want people to say, ‘We’ll meet you at the Cube.’”