From ITproPortal.com:

“Techcrunch and Huomah are reporting that Google is looking into launching a Do It Yourself Publishing Service for Magazines.”The patent abstract says that Google is investigating

“A method includes receiving personalized content from a plurality of content sources. The personalized content is based on user input. The method further includes receiving a personalized advertisement based on user input, and creating a customized publication including the personalized content and the personalized advertisement.”"

More here. Thanks to Richard Grimes of the NUJ New Media mailing list for the link.