Texture (app)
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Texture (previously known as Next Issue) was a digital magazine app launched in 2012. The service had a monthly subscription fee that gave readers access to over 200 magazines. The service was established by Next Issue Media, a
joint-venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between
Condé Nast Condé Nast () is a global mass media company founded in 1909 by Condé Montrose Nast, and owned by Advance Publications. Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan. The company's m ...
,
Hearst Magazines Hearst Communications, Inc., often referred to simply as Hearst, is an American multinational mass media and business information conglomerate based in Hearst Tower in Midtown Manhattan, New York City. Hearst owns newspapers, magazines, televis ...
,
Meredith Corporation Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned magazines, television stations, websites, and radio stations. Its publications had a readership of more than 120 million and paid circulation of more ...
,
News Corp News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a ...
,
Rogers Media Rogers Media Inc., operating as Rogers Sports & Media, is a Canadian subsidiary of Rogers Communications that owns the company's mass media and sports properties, such as the Citytv and Omni Television terrestrial television stations, Sports ...
, and Time Inc. Reading apps were available on iOS, Android and
Kindle Fire HD The Fire HD, also known as Kindle Fire HD, is a member of the Amazon Fire family of tablet computers. Fire HD refers to Amazon Fire family tablets with HD resolution. The ten generation Fire HD subfamily consists of: 7" and 8.9" (2012 models), 7" ...
.
Rogers Communications Rogers Communications Inc. is a Canadian communications and media company operating primarily in the fields of wireless communications, cable television, telephony and Internet, with significant additional telecommunications and mass media ass ...
brought the service to
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
in late 2013. The following year, a
French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...
version of the app was launched. In December 2014, Next Issue Media secured $50 million in financing from
Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...
. Next Issue rebranded itself as Texture and relaunched in September 2015. That same year, Texture paid out $15 million in subscription revenue to publishers. On March 12, 2018, Apple Inc. announced it had signed an agreement to acquire Texture for an undisclosed sum. In March 2019, Apple announced a new subscription offering within its
Apple News Apple News is a news aggregator app developed by Apple Inc., for its iOS, iPadOS, watchOS, and macOS operating systems. The iOS version was launched with the release of iOS 9. It is the successor to the Newsstand app included in previous v ...
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 macOS (; previously OS X and originally Mac OS X) is a Unix operating system developed and marketed by Apple Inc. since 2001. It is the primary operating system for Apple's Mac computers. Within the market of desktop and la ...
devices, no longer supporting Android.


References

Internet properties established in 2012 American companies established in 2010 IOS software Android (operating system) software Universal Windows Platform apps Apple Inc. acquisitions Apple Inc. subsidiaries Apple Inc. services Defunct subscription services 2018 mergers and acquisitions Internet properties disestablished in 2019 {{software-stub