• Netflix puts an end to the rumours that it's getting into the news business

    5 monthes ago - By MobileSyrup

    Netflix has denied a recent report that said the company is planning to make a TV news play. Last month, MarketWatch published a report that said Netflix was planing to expand into the news business with a show that would rival '60 Minutes.' Ted Sarandos, the company's chief content officer, denied the rumour during the company's most recent earnings call, saying, “Our move into news has been misreported over and over again. We're not looking to expand into news beyond the work that we're doing in short-form and long-form feature documentary.” Sarandos went on to further clarify that the...
    Read more ...

     

  • Report: Apple plans to combine Apple News and Texture to sell monthly subscriptions

    Report: Apple plans to combine Apple News and Texture to sell monthly subscriptions

    5 monthes ago - By Phone Arena

    Back in March, Apple bought Texture. The latter is widely known as the "Netflix of magazine publishing" since it allows subscribers to choose among 200 magazines to read for $9.99 a month. A fresh report published today says that Apple is going to take Texture, and absorb it into a revised Apple News to create a premium subscription service. Apple will reportedly launch this sometime within the next year, using some of Texture's technology and remaining employees (Apple canned 20 of them after the acquisition).
    With smartphone sales suffering a small decline in shipments last year, the...
    Read more ...