Apple Buying Digital Magazine Service Texture Likely Boost To Subscription Services Revenue
[Update: Keep up with our live coverage of Eddy Cue’s SXSW talk right here.] Apple has today confirmed that it is taking a major step into the digital magazine business. Apple’s Eddy Cue shared in a statement that the company would be purchasing Texture, a digital magazine distributor which could enhance Apple’s News app and more. The purchase will give Apple a large catalog of magazines from a range of publishers....