Apple to buy digital magazine service Texture

By Gadjo Cardenas Sevilla

Long considered the 'netflix of Magazines,' Texture is a service co-owned by Rogers Media that gives subscribers access to 200 print magazines through one app. Ideal for the iPad and similar tablet-sized devices, Texture saves paper, allows users to browse by magazine, topic or even by article and also exposes subscribers to various publications they may not try out.

Apple has announced it signed an agreement to acquire Texture, the digital magazine subscription service by Next Issue Media LLC.

“We’re excited Texture will join Apple, along with an impressive catalog 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.” 

Texture was owned by Condé Nast, Hearst, Meredith, Rogers Media and KKR. Apple hasn't said what will happen to current subscriptions and we have to wonder if the Android and Windows 10 versions of the Texture app will continue to be developed.

Apple is acquiring the full company, including employees, and the deal is expected to close very soon.