Apple to acquire digital magazine service Texture
Apple has acquired digital magazine subscription service Texture.
The Texture app, run by Next Issue Media, hosts more than 200 magazines and gives users unlimited access for one monthly subscription fee.
“We’re excited Texture will join Apple, along with an impressive catalogue of magazines from many of the world’s leading publishers,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services.
“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 and 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.”
In 2016 Texture was chosen by the App Store editorial team for the annual Best Of selections, which celebrate the most innovative apps and games for iOS users.
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