Digital magazine app
Texture (previously known asNext Issue ) was a digital magazine app launched in 2012.[ 1] The service had amonthly subscription fee that gave readers access to over 200 magazines.[ 2] The service was established by Next Issue Media, ajoint-venture betweenCondé Nast ,Hearst Magazines ,Meredith Corporation ,News Corp ,Rogers Media , andTime Inc. [ 3] Reading apps were available oniOS ,Android andKindle Fire HD .[ 4] Rogers Communications brought the service toCanada in late 2013.[ 5] The following year, aFrench version of the app was launched.[ 6]
In December 2014, Next Issue Media secured $50 million in financing fromKKR .[ 7]
Next Issue rebranded itself as Texture and relaunched in September 2015.[ 8] [ 9] That same year, Texture paid out $15 million in subscription revenue to publishers.[ 10]
On March 12, 2018,Apple announced it had signed an agreement to acquire Texture for an undisclosed sum.[ 11] In March 2019, Apple announced a new subscription offering within itsApple News application, Apple News+, which offers a similar service. Texture was shut down on May 28, 2019, in favor of Apple News+. Unlike Texture, Apple News+ is available only on AppleiOS andmacOS devices.[ 12] [ 13]
^ Ha, Anthony (30 September 2015)."Netflix-Style Magazine App Next Issue Relaunches As Texture" .TechCrunch . Retrieved24 December 2017 . ^ "Texture Catalog" . Retrieved24 December 2017 .^ "Rogers unveils Netflix-like all-in-one digital magazine subscription service" .Financial Post . Retrieved24 December 2017 .^ Mlot, Stephanie (1 October 2015)."Netflix-Like Magazine App Next Issue Is Now 'Texture' " .PC Magazine . Retrieved24 December 2017 . ^ Bradshaw, James (30 September 2015)."Rogers revamps Next Issue app to cater to digital reading habits" .The Globe and Mail . Retrieved24 December 2017 . ^ "Rogers brings Next Issue magazine subscription app to Canada" .CBC News . 26 September 2013. Retrieved24 December 2017 .^ Jeffrey A. Trachtenberg (2 December 2014)."Digital-Magazine Service Gets KKR Funding" .Wall Street Journal . Retrieved3 May 2018 . ^ Dana Wollman (30 September 2015)."Next Issue, the Netflix for magazines, reborn with a fresh design and new name" . Engadget.com. Retrieved3 May 2018 . ^ Peter Kafka (30 September 2015)."Next Issue Media, the 'Hulu for Magazines' Tries a New Name and a New Idea - Make Your Own Magazine" . Recode.com. Retrieved3 May 2018 . ^ Keith J. Kelly (21 June 2016)."The 'Netflix of magazines' is about to get a lot bigger" .The New York Post . Retrieved3 May 2018 . ^ Balakrishnan, Anita (2018-03-12)."Apple buys Texture, a digital magazine subscription service" .CNBC . Retrieved2019-08-15 . ^ "Apple to close Texture on May 28, following launch of Apple News+" .TechCrunch . 29 March 2019. Retrieved2019-08-15 .^ Goode, Lauren (2019-03-25)."Apple Launches Apple News+ Paid Subscription Service" .Wired .ISSN 1059-1028 . Retrieved2019-03-27 .
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