Apple in talks with US dailies to join subscription service

This comes at a time when the Cupertino-headquartered firm is ramping up its interest in content sales and subscription.

"It is putting at least $1 billion into a slate of TV shows it expects to start showing next year, and many people believe Apple would like to market a supersised subscription offering that bundles music, video and news together," the report added.

Details of the upcoming service are unknown but reports suggest the iPhone maker intends to sell content to readers in low-cost bundles.

Texture app, also described as a Netflix for magazines, currently lets users read as many stories as they want from dozens of magazines for a monthly subscription of $10.

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