Sources: Apple paid Conde Nast, Hearst, Meredith, Rogers Media, and KKR a total of $100M for Texture, with $385M more to be paid out over the next 3 years
After paying at least $485 million, Apple said it will shut down Texture, its online magazine subscription service …
Sources: Apple is in talks with the New York Times, Washington Post, and Wall Street Journal to join Texture, a magazine subscription app it bought in March
Last March, Apple bought Texture, a digital magazine service. Now it wants the New York Times, the Washington Post and the Wall Street Journal to join up.
Apple shutting down Texture's magazine app on Windows after acquisition, will continue support for other platforms; Windows app was neglected before acquisition
Jacob Kastrenakes / The Verge :
Apple shutting down Texture's magazine app on Windows after acquisition, will continue support for other platforms; Windows app was neglected before acquisition
Texture, the magazine subscription service that Apple purchased back in March, plans to shut down its Windows app at the end of June.
Apple acquires digital newsstand Texture, which gives its readers access to ~200 magazines for $10/month, as it doubles down on content “from trusted sources”
As the debate continues over fake news and the role that aggregators like Facebook have played in spreading it …