That's precisely what Apple News+ is. A collective 'Netflix for Magazines and Newspapers' with certain big names signing up. You probably need an iPad to get the best out of it, but any iOS device should and the News app has been ported to macOS so in theory you should be able to enjoy the Apple News+ content there too.
Your lack of clarity on this is where Apple have also failed in terms of pushing this out to people as a service and it reflects badly on their attempts to popularise it. The problem is, unlike Netflix where providers just hand over video files to them and it's done, Apple News publications start in a variety of formats which aren't optimised for reading on computer screens.
I don't think these publications necessarily put everything on board - some newspapers have left the service and I read somewhere that not every newspaper is putting everything on AppleNews+ (I believe LA Times put more on than WSJ for example) - but a lot of physical print product will be under immense pressure now in the current climate and it's more important than ever that they hold people in power to account.
The idea that people should try and protect the media by purchasing subscriptions is a good one, the price remains high and Apple don't appear to have pushed it as hard as they could have.
And I already said before that most publishers have to work hard to repurpose their content for Apple News+ - they just don't have the resources to achieve that for the revenue they would get from Apple if they want to do something more labour intensive than providing PDF files which might not be ideal to read in anything smaller than an iPad Pro 12.9" for example.
Making AppleTV+ free for buyers of new Apple hardware (right down to the $200 AppleTV) is logical because there's so little original content on there. The pandemic has hardly helped with filming new content but Apple aren't exactly going after old libraries of content at this time.
But where does that leave an pricey Apple News that isn't giving individual publishers too much money due to low subscriptions while forcing news publishers to try and repurpose content built for print onto a web type platform? Many just don't have the resources to do it and Apple don't appear to be helping much.
Sadly AppleNews+ seems to be going the same way as so many Apple ideas before it, quietly pushed to the side before potentially being shown the door like the
Valve gaming idea.
And yet while they are flinging money at AppleTV+ because they realise that content needs serious investment I think they are being overly cautious again.
Either buying in libraries of content to enhance the offer or paying for original drama - it's all a bit glacial.