Report: Apple To Launch A Paid News Subscription Service After Texture Acquisition

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Texture Magazine

The Cupertino-based company is reportedly planning to integrate acquired magazine app Texture into Apple News and start their own service.

Texture Magazine

The rumour mill is recently abuzz with talk of the tech giant offering paid news subscription to its users. This news comes after Apple acquired the magazine app Texture in March.

As some of you are familiar with, Apple used to have an app called Newsstand that consolidates several magazines and publications. However, users can only subscribe to individual publications. When they launched Apple News in 2015, it mirrored the Newsstand system.

Texture on the other hand, has a similar approach to Netflix. Users are able access about 200 publications by paying just $9.99 per month.

Apple now is reportedly planning to integrate Texture (and the team) with the existing Apple News group. Together, they will launch a premium service within a year.

Eddy Cue, Apple’s senior vice president of internet software and services, shared the company’s direction in a statement last month. “We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users.”