Published: Tue, April 17, 2018
Hi-Tech | By Grace Becker

Apple's upcoming new service might be the Netflix of news

Apple's upcoming new service might be the Netflix of news

Now, though, a report claims Apple will be putting the newly acquired Texture to work, using it to integrate a premium news and magazine subscription service into Apple News. Texture now offers access to over 200 magazines for $9.99 per month; pricing for the new service is uncertain. However, these are now sold individually.

"We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users", said Eddy Cue, Apple's senior vice president of internet software and services in a statement after the company bought Texture last month.

Apple used to have an app called Newsstand that combined several magazines and newspapers, but the publications were only provided on an individual subscription basis.

A new report out of Bloomberg suggests Apple plans to launch its own news-focused subscription service in the next year.

Eminem Pauses During Coachella Set to Respond to Mean Tweets
He performed for almost 100,000 people on Sunday night, bringing out special guests Dr. Dre , 50 Cent , Bebe Rexha , and Skylar Grey . Gray also sang Dido's "Stan" lyrics.

If Apple goes through with these plans, it would be treating news similarly to how it treated music around the creation of Apple Music.

Since acquiring Texture, Apple has reportedly parted ways with 20 of Texture's 100 employees.

Apple shares are up 0.5% to $176.72. Seeing as how the company managed to take less than a million people who had subscribed to Beats Music and turn them into 40 million Apple Music listeners, it's not like they have no experience convincing people to hand over a bit of money every month. Sales from that segment grew 23 percent to $30 billion in the company's 2017 fiscal year. Still, it's unclear how Apple News will display magazine content, specifically whether articles will be shown in their PDF-like downloadable forms or forced to adapt to News's web-like scrollable and dynamically reformattable interface.

Apple will likely carefully curate the partner organizations for its news service.

Like this: