Apple buys iPhone and iPad digital magazine subscription service Texture

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Apple is reinforcing its services for readers with the long-running Texture digital magazine service, for terms as yet unknown.
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Apple’s Eddy Cue talks content, Texture, free speech, and the future in SXSW appearance

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Apple hasn’t traditionally had a great deal of participation in the annual South by Southwest festival, but Apple’s Senior Vice President of Internet Software and Services Eddy Cue sat for an on-stage interview at the event.
AppleInsider – Frontpage News

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Apple’s Acquisition of ‘Texture’ Will Give Apple News a Massive Boost

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

On Monday morning, live from the annual South by Southwest (SXSW) conference and media festival in Austin, Texas, Apple’s Senior VP of Internet software and services, Eddy Cue, announced that his company has inked a deal to acquire the popular digital magazine subscription service, Texture. While the financial and logistical terms of the agreement have […]
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Apple Acquires Magazine Subscription App Texture, Will Integrate It Into Apple News

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Apple has so much money it can go out and buy whichever company it likes, and today it announced a new acquisition in the form of Texture, a digital magazine subscription service that is available for iPad, iPhone and other platforms.

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Apple acquires digital magazine subscription service Texture

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND


Apple announced today that it is acquiring digital magazine distributor Texture from Next Issue Media, a company owned by magazine publishers Condé Nast, Hearst, and Meredith; telecom Rogers Media; and investment company KKR. Texture offers an all-you-can-eat subscription pass to over 200 magazines for a monthly fee. “We’re excited Text…Read More
Apple – VentureBeat
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Hands on: Apple’s ‘Netflix of Magazines’ Texture provides a wealth of content to readers

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

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Texture allows access to dozens of magazines for a monthly price of $ 9.99 — and it is now in Apple’s hands.
AppleInsider – Frontpage News

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Apple just bought digital magazine subscription service Texture

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Apple acquires Texture

Apple’s tendrils are expanding even further as the company announced on Monday that it has signed an agreement to acquire digital magazine subscription service Texture from its current owners. Texture is a service that gives users unlimited access to over 200 of the most popular magazines in the world for a single monthly fee. Available on both iOS and Android, Apple says that the app will continue to work on both platforms after the acquisition.

“We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers,” said Apple’s Eddy Cue in a statement. “We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users.”

Apple made journalism a priority on its platform when it introduced the News app back in 2016 alongside the iOS 10 update. This acquisition also comes just as Facebook is taking a step back from bombarding users with headlines, as the company has struggled to help its users distinguish real stories from fake ones.

Apple did not disclose the financial terms of the deal, nor did it discuss how or if the app and the team behind the app will be changing once the deal is complete. TechCrunch reports that Apple is acquiring the company intact, with all of its employees, which means the $ 9.99 subscription fee will likely be unchanged as well.

“I’m thrilled that Next Issue Media, and its award-winning Texture app, are being acquired by Apple,” John Loughlin, CEO of Next Issue Media / Texture, said on Monday. “The Texture team and its current owners, Condé 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.”

Apple – BGR

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