Apple to plan Apple Music-like news subscription service

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By: Bloomberg |
Published: April 17, 2018 9:24:52 pm


The move is part of a broader push by the iPhone maker to generate more revenue from online content and services. (Image Source: Bloomberg)

Apple Inc plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium subscription offering, according to people familiar with the matter. The move is part of a broader push by the iPhone maker to generate more revenue from online content and services. The Cupertino, California company agreed last month to buy Texture, which lets users subscribe to more than 200 magazines for $9.99 a month. Apple cut about 20 Texture staff soon after, according to one of the people.

The world’s largest technology company is integrating Texture technology and the remaining employees into its Apple News team, which is building the premium…

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