Virgin Planning to Release Their Own iPad Specific Magazine to Compete with News Corp.

It has been reported that Virgin Group Chairman Richard Branson is set to unveil a new iPad specific magazine. The announcement is set to happen next Tuesday at a press event in New York City.

AdAge reported that the magazine would focus on the entrepreneurial space, highlighting “new creative, business, travel and technology ideas” to an “upscale international audience,” a la Fast Company and Wired.

It will be interesting to see if this iPad specific magazine takes off, and see if its able to compete with the $30 million iPad magazine from News Corp.