Saturday, June 29, 2019

Publishers are reportedly upset at Apple over the News+ app, and with good reason

In March of last year, Apple bought Texture, the company whose app was called “the Netflix of magazines.” For $9.99 a month, users could read from a library of 200 magazines. The next month, Apple’s plans had already leaked. There was talk that the company would merge Texture with its News app to create a subscription service. And this past March, with a big fanfare, Apple introduced its News+ subscription service. For $9.99 a month (that seems to be a favored price point for many subscription services), subscribers can browse online through over 300 publications.

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