Apple has announced that it has acquired the subscription-based digital magazine service, Texture, which is produced by Next Issue Media LLC. Texture allows users to pay a monthly fee that grants unlimited access to more than 200 of the world’s best magazines. Apple said that the move shows that it is committed to quality journalism from reliable sources.
Eddy Cue, Apple’s senior vice president of Internet Software and Services, said:
“We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers. We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users.”
John Loughlin, CEO of Next Issue Media / Texture, said:
“I’m thrilled that Next Issue Media, and its award-winning Texture app, are being acquired by Apple. 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.”
Texture is free to download in the App Store but a subscription of $9.99 per month is required after you’ve exceeded the 7-day free trial. Some popular magazines accessible from the service include Adweek, Forbes, Fortune, Inc., Macworld, National Geographic, PC Magazine, PCWorld, Popular Mechanics, Rolling Stone, The Atlantic, The New Yorker, Time, Vanity Fair, Variety, Vogue, Wired, and many more.
Source: Apple
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