Apple buying Texture digital magazine service from group that includes Rogers

Apple buying Texture digital magazine service from group that includes Rogers
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TORONTO — Apple Inc. is buying the Texture digital magazine service created by a group of publishers that includes Rogers Media.

The California-based technology giant didn’t say how much it will pay to acquire Texture from Next Issue Media LLC, which has offices in Menlo Park, Calif., and New York.

Texture was launched in 2010.

The service provides unlimited digital access to more than 200 magazines for a monthly fee.

Among the current Next Issue partners is Rogers Communications Inc., one of Canada’s largest magazine publishers.

Its other founding partners include Time Inc., News Corp., Hearst, and Conde Nast, which publishes Vanity Fair, Vogue and other titles.

 

 

Companies in this story: (TSX:RCI.B)

 

The Canadian Press

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