The company will launch the premium subscription service in an attempt to generate more revenue from online content and services, reports Bloomberg. The service will reportedly use technology from Texture, a magazine subscription service Apple bought last month. Apple will integrate Texture’s technology into the Apple News app with a premium subscription to the service giving users access to digital magazines. Revenue will be shared among magazine publishers that agree to be part of the new service. There’s no word on what the news service could cost, but Texture gave users access to over 200 publications for $9.99 a month. Apple’s news subscription service is expected to launch within the next year.
collections
NewsletterCurrent IssueRecommender
The apps, books, movies, music, TV shows, and art are inspiring our some of the most creative people in business this month
Strong Female Lead
The struggles and triumphs of prominent women in leadership positions
Productivity
Productivity tips and hacks
Platform Wars
The major tech ecosystems that battle for our attention and dollars
Tech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
FastCo.Works Studio
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens
Follow us:
