In this weeks subscription news, we have everything from the shuttering of subscription services to Facebooks creation of cryptocurrency: XOXO shuts down its subscription platform before it even launches, YouTube is giving away free Showtime subscriptions to longtime users, and Vox Media ratifies its first contract with the Writers Guild of America, East. Also, Amazon gives up on its restaurant delivery service, Facebook creates Libra cryptocurrency, and a news app brings Bloomberg, Financial Times and The Economists content together under a single paywall.
Vox Media Ratifies Landmark First Contract with Writers Guild of America, East
Writers Guild of America East
Facebook Announces Libra Cryptocurrency
F+W Media’s Bankruptcy Auction Nets Almost $8M, Magazines Sold Off