Hopefully this purchase will bolster Apple News. Just yesterday I was wondering if Apple News would be discontinued because Apple seems to have lost interest in it. Which is a shame, because it's probably the best news reader I've encountered. Fast. Versatile. Clean. I'm OK with ads, and the ones in Apple News are very unobtrusive.
I just wish there was an Apple News app for the desktop or web, because I don't always want to read on a tiny screen.
I have used (and often paid for) lots of magazine and newspaper apps over the last ten years, and most of them have been not great. Some not even good.
Some of the publishers have noticed this, and put out their own apps, usually with even worse results. But at least they're not paying someone else to make their brand look terrible. The only one I've found that isn't completely terrible is the New York Times, but even that has its problems.