Weekly Subscription News: Planning, Poaching and Pay TV

In this week’s subscription headlines, the BBC plans an online pay TV subscription service, Twitter confirms it is working on a subscription service but it won’t be ready this year, and BuzzFeed lays off 50 people after losing advertising revenue. Also, The Athletic is hoping cross-marketing deals will boost subscriptions, Apple is offering past Apple News+ subscriber another free month, and Facebook will pay a $650 million settlement over facial recognition.

BBC Plans Online Pay TV Subscription Service
InformITV

Apple Offers Past Apple News+ Subscribers Another Free Month
Apple Insider

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The Athletic Looking to Boost Subscribers with Cross-Marketing Deals
Front Office Sports

Twitter Confirms It May Add Subscriptions But Not in 2020
Digital Trends

Cord Cutting by Pay TV Subscribers Contributes to Reduction in Verizon Revenue
Forbes

Facebook’s Sad Summer Continues with $650M Settlement over Facial Recognition
Recode/Vox

BuzzFeed Lays Off 50 After Pandemic Hurts Lucrative Ad Deals
Bloomberg

TikTok Competitor Instagram Reels Is Reportedly Looking to Poach Creators with Six-Figure Payments
Tubefilter