Weekly Subscription News: Rackspace, Revamp and Royalties
In this week’s subscription headlines, New Media agrees to acquire the Akron Beacon Journal for $16 million, streaming music service Tidal is allegedly behind in its royalty payments to artists, and the Supreme Court approves sports betting, a boost to the sports media business model. Also this week, Rackspace acquires RelationEdge, Google has revamped its YouTube music subscription, and subscription box Wantable raises $1.44 million in funding.
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