The Wrap Acquires VideoInk and Plans to Add Subscription Services

Last week, entertainment and media news site The Wrap News Inc. announced they would acquire VideoInk, Inc., a business news site about the evolving digital video industry. VideoInk utilizes a membership model, offering members exclusive stories, videos and events, VIP intel, education, video webinars and other perks for $1 a day. In addition, The Wrap will announce a new premium subscription of its own in the near future. This will be their first subscription venture.

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