Apple has purchased Texture, a service that gives you access to nearly 200 magazines for $ 9.99 a month.
The total cost of the acquisition has not been revealed, and Texture has never made public its value, so the cost will be unknown until the transaction is finally closed.
At the moment, everything seems to indicate that in a short while Texture will continue to operate without changes in its iOS app, Android, Windows and Kindle Fire. What is known is that Apple has bought the complete company, which includes not only the service but all the staff.
“We are excited that Texture is joining Apple, along with an impressive catalog of magazines from many of the world’s leading publishers,” Eddy Cue, Apple’s senior vice president of Internet software and services, said in a statement. “We are committed to quality journalism from reliable sources and allowing journals to continue producing compelling stories for users.”
Texture was born in 2009 under the name Next Issue Media, and was created as a joint venture between some of the leading publishers of magazines such as Condé Nast and Hearst. In 2015, it changed its name to the current one and the service was redesigned to be more attractive to new users.