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 acces ...
between
Condé Nast
Condé Nast () is a global mass media company founded in 1909 by Condé Nast (businessman), Condé Montrose Nast (1873–1942) and owned by Advance Publications. Its headquarters are located at One World Trade Center in the FiDi, Financial Dis ...
,
Hearst Magazines
Hearst Magazines is a division of Hearst Communications that oversees its magazine publishing business in the United States and abroad. Its headquarters are located at Hearst Tower in the Midtown Manhattan of New York City.
It has an audience ...
,
Meredith Corporation
Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned newspapers, magazines, television stations, and websites. Its publications had a readership of more than 120 million and paid circulation of more than ...
,
News Corp
The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on ...
,
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.
Operations
Current television brands owned by Rogers include two television sys ...
, and
Time Inc.
Time Inc. (also referred to as Time & Life, Inc. later on, after their two onetime flagship magazine publications) was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New ...
Reading apps were available on
iOS
Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
,
Android and
Kindle Fire HD.
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 Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
in late 2013. The following year, a
French version of the app was launched.
In December 2014, Next Issue Media secured $50 million in financing from
KKR.
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
An apple is a round, edible fruit produced by an apple tree (''Malus'' spp.). Fruit trees of the orchard or domestic apple (''Malus domestica''), the most widely grown in the genus, are agriculture, cultivated worldwide. The tree originated ...
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 versi ...
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
Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
and
macOS
macOS, previously OS X and originally Mac OS X, is a Unix, Unix-based operating system developed and marketed by Apple Inc., Apple since 2001. It is the current operating system for Apple's Mac (computer), Mac computers. With ...
devices.
References
2018 mergers and acquisitions
2019 disestablishments
American companies established in 2010
Android (operating system) software
Apple Inc. acquisitions
Apple Inc. services
Apple Inc. subsidiaries
Defunct subscription services
IOS software
Internet properties disestablished in 2019
Internet properties established in 2012
Universal Windows Platform apps
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