Apple is buying Texture, the magazine subscription service that gives users unlimited access to selected titles for one monthly subscription fee. The acquisition is Apple’s biggest move in the digital reading sector since the launch of its iBooks service in 2010.
Both firms say the new partnership will be responsible for “planning, designing, developing, manufacturing, selling, distributing and licensing” products using the displays, as well as overseeing related applications and integration platform for system partners.
The new device was designed with the help of nine of Kobo’s top customers who each gave the firm a list of feature requests they’d like to see incorporated into the final product.
Under an “exclusive” deal announced today, all Vodafone Pay monthly and Pay as you go customers will be able to add a £7.99 per month Readly subscription to their existing Vodafone mobile bill.
The retailer has emailed customers of its eBooks store to inform them that the service will close on June 13th. Customers will have until then to download and save any purchased books.
The decline, the first since the body started monitoring the digital book market seven years ago, came despite a 0.4% growth in printed books and suggests digital reading has reached its peak.
The Nook’s built-in store, Android app and website will all close on 15 March after which content already paid for will be serviced by Sainsbury’s which has agreed to take on the US firm’s customers.