Software:Texture (app)

From HandWiki
Short description: Digital magazine app
Next Issue Media LLC
Texture (app) logo.png
Texture iPad app screenshot.jpg
Type of businessPrivate
Founded2010 (company)
2012 (app)
Headquarters1 Apple Park Way, Cupertino, California
Area servedUnited States , Canada
OwnerApple
Key peopleJohn Loughlin (CEO)
Websitetexture.com (US)
texture.ca (CA)
CommercialYes
Current statusDiscontinued as of May 28, 2019 (2019-05-28)
Native client(s) onAndroid, iOS, Kindle Fire HD

Texture (previously known as Next Issue) was a digital magazine app launched in 2012.[1] The service had a monthly subscription fee that gave readers access to over 200 magazines.[2] The service was established by Next Issue Media, a joint-venture between Condé Nast, Hearst Magazines, Meredith Corporation, News Corp, Rogers Media, and Time Inc.[3] Reading apps were available on iOS, Android and Kindle Fire HD.[4] Rogers Communications brought the service to Canada in late 2013.[5] The following year, a French version of the app was launched.[6]

In December 2014, Next Issue Media secured $50 million in financing from KKR.[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 its Apple 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 Apple iOS and macOS devices, no longer supporting Android.[12][13]

References

  1. ↑ Ha, Anthony (30 September 2015). "Netflix-Style Magazine App Next Issue Relaunches As Texture". TechCrunch. https://techcrunch.com/2015/09/30/next-issue-relaunches-as-texture/. 
  2. ↑ "Texture Catalog". https://www.texture.com. 
  3. ↑ "Rogers unveils Netflix-like all-in-one digital magazine subscription service". Financial Post. http://business.financialpost.com/technology/rogers-magazine-bundle-app. 
  4. ↑ Mlot, Stephanie (1 October 2015). "Netflix-Like Magazine App Next Issue Is Now 'Texture'". PC Magazine. https://www.pcmag.com/article2/0,2817,2492365,00.asp. 
  5. ↑ Bradshaw, James (30 September 2015). "Rogers revamps Next Issue app to cater to digital reading habits". The Globe and Mail. https://www.theglobeandmail.com/report-on-business/rogers-new-magazine-app-caters-to-digital-reading-habits/article26599368/. 
  6. ↑ "Rogers brings Next Issue magazine subscription app to Canada". CBC News. 26 September 2013. http://www.cbc.ca/news/business/rogers-brings-next-issue-magazine-subscription-app-to-canada-1.1869688. 
  7. ↑ Jeffrey A. Trachtenberg (2 December 2014). "Digital-Magazine Service Gets KKR Funding". Wall Street Journal. https://www.wsj.com/articles/next-issue-a-digital-magazine-service-gets-kkr-funding-1417555373. 
  8. ↑ Dana Wollman (30 September 2015). "Next Issue, the Netflix for magazines, reborn with a fresh design and new name". Engadget.com. https://www.engadget.com/2015/09/30/next-issue-texture/. 
  9. ↑ 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. https://www.recode.net/2015/9/30/11619076/next-issue-media-the-hulu-for-magazines-tries-a-new-name-and-a-new. 
  10. ↑ Keith J. Kelly (21 June 2016). "The 'Netflix of magazines' is about to get a lot bigger". The New York Post. https://nypost.com/2016/06/21/the-netflix-of-magazines-is-about-to-get-a-lot-bigger/. 
  11. ↑ Balakrishnan, Anita (2018-03-12). "Apple buys Texture, a digital magazine subscription service" (in en). https://www.cnbc.com/2018/03/12/apple-buys-texture-a-digital-magazine-subscription-service.html. 
  12. ↑ "Apple to close Texture on May 28, following launch of Apple News+" (in en-US). 29 March 2019. http://social.techcrunch.com/2019/03/29/apple-to-close-texture-on-may-28-following-launch-of-apple-news/. 
  13. ↑ Goode, Lauren (2019-03-25). "Apple Launches Apple News+ Paid Subscription Service". Wired. ISSN 1059-1028. https://www.wired.com/story/apple-launches-apple-news-plus-news-subscription-service/. Retrieved 2019-03-27. 




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