Katana VentraIP

Texture (app)

Texture (previously known as Next Issue) was a digital magazine app launched in 2012.[1] The service had a monthly subscription fee that gave readers access to over 200 magazines.[2] The service was established by Next Issue Media, a joint-venture between Condé Nast, Hearst Magazines, Meredith Corporation, News Corp, Rogers Media, and Time Inc.[3] Reading apps were available on iOS, Android and Kindle Fire HD.[4] Rogers Communications brought the service to Canada in late 2013.[5] The following year, a French version of the app was launched.[6]

Type of business

Private

2010 (company)
2012 (app)

John Loughlin (CEO)

Yes

Discontinued as of May 28, 2019 (2019-05-28)

In December 2014, Next Issue Media secured $50 million in financing from KKR.[7]


Next Issue rebranded itself as Texture and relaunched in September 2015.[8][9] That same year, Texture paid out $15 million in subscription revenue to publishers.[10]


On March 12, 2018, Apple announced it had signed an agreement to acquire Texture for an undisclosed sum.[11] In March 2019, Apple announced a new subscription offering within its Apple News 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 devices, no longer supporting Android.[12][13]