The hearsay mill has been abuzz for weeks that Apple was planning to enter the journal distribution enterprise with its personal curated subscription service. Now a report claims the corporate is speaking to among the largest newspapers within the US about including their tales to Texture – the journal app Apple acquired in March.
"Apple executives, led by content material boss Eddy Cue, have reached out to the New York Occasions, Wall Avenue Journal and the Washington Submit about becoming a member of the app, in line with folks conversant in the conversations, which started this summer season," Recode reported on Friday.
This comes at a time when the Cupertino-headquartered agency is ramping up its curiosity in content material gross sales and subscription.
"It’s placing at the very least $1 billion (roughly Rs. 7,200 crores) right into a slate of TV exhibits it expects to begin exhibiting subsequent 12 months, and many individuals imagine Apple wish to market a supersized subscription providing that bundles music, video and information collectively," the report added.
Particulars of the upcoming service are unknown however stories recommend the iPhone maker intends to promote content material to readers in low-cost bundles.
Texture app, additionally described as a Netflix for magazines, at present lets customers learn as many tales as they need from dozens of magazines for a month-to-month subscription of $10 (roughly Rs. 720).