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.[12][13]
_logo.png){kind=logo}
.svg){kind=logo}
