T(

Texture (Next Issue Media)

Acquired

Palo Alto, United States · Founded 2009

Headquarters
Palo Alto
Founded
2009
Business Model
B2C
Acquired by
AppleMar 2018 · $500.0M

About

Texture, originally launched as Next Issue in 2012, was a digital magazine subscription app produced by Next Issue Media LLC, a joint venture of Conde Nast, Hearst, Meredith, News Corp, Rogers Media and Time Inc. formed in Palo Alto, California in 2009. Often described as the 'Netflix for magazines,' it gave subscribers unlimited access to more than 200 magazine titles across iOS, Android and Kindle Fire HD, and secured $50 million in financing from KKR in December 2014. Apple announced its acquisition of Texture in March 2018 and shut the service down on 28 May 2019 in favor of Apple News+.

Summary

Texture (Next Issue Media) is a Media company based in Palo Alto, United States, founded in 2009.

Funding History

AcquisitionMar 2018

Similar Companies

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Texture (Next Issue Media) on Indexed.vc
<a href="https://indexed.vc/companies/texture-digital-magazine"><img src="https://indexed.vc/api/badge/company/texture-digital-magazine" alt="Texture (Next Issue Media) on Indexed.vc" width="260" height="76" /></a>