| Next Issue Media LLC | |
| Company Type: | Private |
| Founded: | 2010 (company) 2012 (app) |
| Area Served: | United States, Canada |
| Location: | 1 Apple Park Way, Cupertino, California |
| Commercial: | Yes |
| Key People: | John Loughlin (CEO) |
| Owner: | Apple |
| Website: | (US) (CA) |
| Native Clients: | Android, iOS, Kindle Fire HD |
| Current Status: | Discontinued as of |
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]
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]