Apple in talks with US dailies to join subscription service

Sep 09, 2018, 15:42 IST | IANS

This comes at a time when the Cupertino-headquartered firm is ramping up its interest in content sales and subscription

Apple in talks with US dailies to join subscription service

Putting weeks of rumours to rest that said Apple was planning to enter the magazine distribution business with its own curated subscription service, the company is now talking to some of the biggest newspapers in the US about adding their stories to Texture -- the magazine app it acquired in March.

"Apple executives, led by content boss Eddy Cue, have reached out to the New York Times, Wall Street Journal and the Washington Post about joining the app, according to people familiar with the conversations, which began this summer," Recode reported on Friday.

This comes at a time when the Cupertino-headquartered firm is ramping up its interest in content sales and subscription.

"It is putting at least $1 billion into a slate of TV shows it expects to start showing next year, and many people believe Apple would like to market a supersised subscription offering that bundles music, video and news together," the report added.

Details of the upcoming service are unknown but reports suggest the iPhone maker intends to sell content to readers in low-cost bundles.

Texture app, also described as a Netflix for magazines, currently lets users read as many stories as they want from dozens of magazines for a monthly subscription of $10.

Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Except for the change in the headline, the story has been provided "AS-IS," "AS AVAILABLE, without any verification or editing from our side. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

DISCLAIMER: mid-day and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Revealed! Why celebs read Mid-day!

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK