Business of Fashion hosted Dazed & Confused and Another Magazine's co-founder Jefferson Hack in a live streamed conversation about the future of magazines this afternoon. Subjects like the iPad and Dazed's plan to employ satellite blogs proved the most interesting takeaways from the dialogue. Throughout the conversation, Hack remained optimistic about the evolution of both the print and digital industries, offering up the opinion that it's all one big experiment. "We are talking to a lot of individuals in different, secondary or satellite cities," says Hack of Dazed Digital's new endeavor. "So, not NYC, London or Milan, but cities like Reykjavik, Moscow and Sau Paulo around the world where there is real energy... Mumbai for instance." Essentially Dazed will be hosting blogs and content on a sister site to Dazed Digital that will feature contributions from these varying pockets from around the world. "We're giving them our architecture so that kids in those cities can broadcast what they do to a global audience; and we'll give them complete editorial freedom."

"If they end up setting up their own websites or magazines after that would give me a great sense of satisfaction," Hack adds. As for Hack's opinion of the iPad: "images look wonderful on it; it's a good way to read." But, don't expect Hack to hail the death of print in light of the iPad's introduction anytime soon. "For me, the web is about the moment and the magazine is much more about what I feel is the collective memory. The magazine becomes a souvenir of what's happening in the moment. The collective memory is what you keep. Magazines won't disappear, they'll almost become more important in some ways." So, how will magazines evolve and take new shape in upcoming years? Hack says it's all about the "specialization" of publications ("more niche magazines about niche areas of culture"), "more independent press" (a sub-tier of publications that Hack says is "growing" if not "booming"), and the mook ("a hybrid of a magazine and a book where stories can be told in depth with beautiful photography"). So, maybe there's hope yet...