Texterity announced today the launch of Coverleaf.com. Coverleaf is a new online subscription service that provides you with access to digital versions of your favorite magazines.

The Coverleaf.com service is the digital equivalent of the traditional newsstand. Subscribers can access the online material at no cost, and even share clips with friends.

The service is leveraging the viral marketing channel to reach a greater audience. President of Texterity, Martin Hensel stated “Coverleaf.com is a win-win for subscribers and publishers…”

Subscribers also have the option to purchase magazines and read them the old fashioned way.

Traditional media outlets will need to start embracing the concept of digital subscription and delivery or risk losing their market shares.

[via CNET.com]