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Apple acquires digital magazine service Texture
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Top Stories |
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IANS | 13 Mar, 2018
Apple has acquired Texture, a digital magazine subscription service
which gives users unlimited access to their favourite titles for a
monthly fee for an undisclosed amount.
Called the "Netflix of
magazines", Texture brings over 200 of the world's best magazines to
life, providing an easy way for users to read high-quality stories and
entire issues of their favourite titles.
"We're excited Texture
will join Apple, along with an impressive catalog of magazines from many
of the world's leading publishers," said Eddy Cue, Apple's Senior Vice
President of Internet Software and Services.
Texture costs $9.99 a month and offers access to magazines like The New Yorker, People, Time and GQ.
"We
are committed to quality journalism from trusted sources and allowing
magazines to keep producing beautifully designed and engaging stories
for users," Cue added in a statement on Tuesday.
"The Texture
team and its current owners, CondA¿ Nast, Hearst, Meredith, Rogers Media
and KKR, could not be more pleased or excited with this development. We
could not imagine a better home or future for the service," said John
Loughlin, CEO of Next Issue Media/Texture.
Since its launch in
2010, Texture has become the leading multi-title subscription service
giving users the ability to instantly access some of the most widely
read magazines.
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