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Apple's subscription news service may launch by spring 2019, says report

It's kind of like Netflix for magazines.

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Apple may relaunch Texture this spring. 

Texture

Apple's rumored subscription news service may hit digital newsstands next year.

The company is preparing to relaunch Texture, an app that offers unlimited access to magazines and news outlets, as early as spring 2019, according to a Bloomberg report on Wednesday. The tech giant reportedly plans to make it a premium product within Apple News, which comes preinstalled on iPhones.

This comes after Apple bought Texture in March. The app provides access to roughly 200 publications for $9.99 per month. Apple reportedly planned back then to integrate Texture staff into the existing Apple News team and launch a premium service within a year.

The news subscription service could bulk up Apple's services, including iCloud storage and Apple Music

Apple declined to comment.