Apple expected to launch news subscriptions by early 2019

Apple Will Reportedly Launch a Paid News Subscription Service in the Next Year

Apple reportedly planning paid news subscription service

Apple plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium subscription offering, according to people familiar with the matter.

The article claims Apple will deeply integrate subscription-based news service, Texture into Apple News once the acquisition of the company is complete, offering "Apple News Premium" customers access to paid magazines, including Vogue, Men's Health, GQ, People & Entertainment Weekly that are now available on Texture for $9.99 per-month. In order to achieve Apple's new premium service, rest of the Texture technology employees will be integrated into the Apple News team.

The Cupertino company now offers access to a variety of news services through its Apple News app, however, many of these require individual subscriptions. The Post, Journal, and New York Times all charge more than Texture's current total price for most of its individual digital subscriptions. The new service could operate more like Apple Music, where users pay a flat fee each month to access Apple's catalog of music.

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Back in March, Apple bought Texture. Can they offer a subset of their content that would make sense? The company's services division generated sales of $30 billion last year, and Apple is aiming to increase this to $50 billion within the next three years.

Apple has had limited success with its news services applications. Apple also gets a 15 percent cut from the subscription revenues that are being sold by third-party apps through the App Store, as pointed out by TechCrunch.

While we don't know precisely when this service will launch, we do know it'll land within the next year which indicates Apple may be gearing up to announce it at WWDC 2018 and launch it formally alongside iOS 12 this fall.

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