Sunday, March 25News That Matters

Apple buys Texture, a digital magazine subscription service

Texture’s magazine catalog includes Entertainment Weekly, Billboard, Vanity Fair, Vogue, and Bloomberg Businessweek. The app is currently run by Next Issue Media LLC, owned by a group of publishers and other companies including Hearst Corp., Meredith Corp., News Corp. and Rogers Communications Inc. In 2014, private-equity firm KKR invested $50 million in the company.

Let’s block ads! (Why?)

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