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alwaysthankfull

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alwaysthankfull

Re: None

Saturday, 02/16/2019 1:43:03 AM

Saturday, February 16, 2019 1:43:03 AM

Post# of 108590
How much did Apple Pay for Texture?

Apple has not disclosed how much it paid to acquire Texture, but the company has raised $40 million USD from publishers, as well as an additional $50 million USD from KKR and other investors including BuzzFeed, Vox Media and Imgur.
I would guess 90x4= $360 millions
https://mobilesyrup.com/2018/03/12/apple-buys-texture-magazine-app-partly-owned-rogers-media/

https://business.financialpost.com/technology/personal-tech/apple-buys-texture-digital-magazine-service-in-subscription-revenue-push

https://www.recode.net/2019/2/13/18224013/apple-news-publishers-50-percent-subscription-explained-new-york-times-washington-post-texture










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