Indeed. You can subscribe to digital-only Wired for $19.99 anywhere in the world, and in the US it includes a print copy too.
I'd consider a $1/week if it covered all Conde Nast publications, or a significant portion of the internet. By that logic, though, I'd prefer if a subscription to Texture (Next Issue) or other content services included free access to the affiliated websites without ads. It adds up quick, but even the weekly version works out to $3.46/week for basically every magazine I'd care to read...
Of course ... I'm just saying this. I actually don't read magazines. But I'd pay for a subscription, especially if I could share it with family.