Sources: Apple paid Conde Nast, Hearst, Meredith, Rogers Media, and KKR $100M upfront for Texture, with an additional $385M to be paid out over the next 3 years (Keith J. Kelly/New York Post)

Keith J. Kelly / New York Post:
Sources: Apple paid Conde Nast, Hearst, Meredith, Rogers Media, and KKR $100M upfront for Texture, with an additional $385M to be paid out over the next 3 years  —  After paying at least $485 million, Apple said it will shut down Texture, its online magazine subscription service …

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