1 of 3
Tony Avelar, FR155217 AP
Apple CEO Tim Cook speaks in the Steve Jobs Theater during an event to announce new products Monday, March 25, 2019, in Cupertino, Calif.

SALT LAKE CITY — Apple has unveiled a new service that will sign you up for a digital newsstand.

  • CNN reports that Apple unveiled its new News Plus service on Monday, which will build off the Netflix-for-news app Texture that the company acquired last year.
  • Texture used to offer access to more than 200 magazines for $9.99 per month. That app will shut down in May. But Apple will offer access to 300 magazines, newspapers and newsletters for the same price with News Plus.
  • "This is really important to us. We believe in the power of journalism and the impact it can have on our lives," Apple CEO Tim Cook said at the event, according to CNN.

Who’s in: The Los Angeles Times and The Wall Street Journal will be included, though the content will be limited, according to Fortune. Magazines like Sports Illustrated, The New Yorker and Billboard will also be involved.

However: The New York Times and The Washington Post won’t be involved. Here’s Mark Thompson, the CEO of the Times, in a statement to CNN:

Comment on this story
  • "We tend to be quite leery about the idea of almost habituating people to find our journalism somewhere else," he said. "We're also generically worried about our journalism being scrambled in a kind of Magimix (blender) with everyone else's journalism."

Why it matters: Tom Rogers, a tech and media entrepreneur, told NBC News that bundling news content together could help save the print industry.

  • “Apple can get print there more easily,” Rogers said. “Magazines were run over. Once you destroy a business model, it’s a lot easier to get people to agree to something that might give them a better path.”