Startup Idea : Media digest in my pocket

I live in a non-english-speaking country. I have subscribed magazines like Times or Newsweek (via Amazon) and I like it. But - if your can´t read in english fluently, you can´t read foreing media. My idea is - choose some of best magazines throughout the world. Translate cover stories or most interesting (for your country) articles. Put it together to one electronic issue. Sell it on Mondaylike media-digest with a one week delay (which is nothing for big topics) to web subscribers, reading device owner, iPad or smartphones. Where is a problem? Sure you need a licence - is there any common obstruction or a media advice or any suggestion? Thanks.