Sources: Apple paid Conde Nast, Hearst, Meredith, Rogers Media, and KKR a total of $100M for Texture, with $385M more 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 a total of $100M for Texture, with $385M more 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 …