Alden to Buy Tribune Publishing in $630M Cash Deal
After years of chasing after Tribune Publishing, Alden Global Capital has finally grasped the golden goose in a $630M cash deal.
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Disney’s Direct-to-Consumer Subscriptions Save Q1 FY21
Disney’s direct-to-consumer subscriptions save the company’s first quarter of fiscal year 2021, with Disney+ soaring to 94.9M subscribers.
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Dating App Bumble Raises $2.2 Billion in IPO
Female-focused dating app Bumble raised $2.2 billion in its initial public offering last week, making 31-year-old CEO a billionaire.
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Weekly Subscription News: Podcasts, Payments and Premium Memberships
Sports Illustrated launches premium memberships, Ordslip & DoorDash partner for on-demand delivery and Spotify considers a la carte payments.
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Five on Friday: Data Caps, Competition and Content Analytics
Substack welcomes newsletter competition, Word Press’s parent buys content analytics platform Parse.ly, and Comcast holds off on data caps.
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Car Subscriptions: 2021 State of the Industry Report
In this subscriber-only report, we’ll share the state of car subscriptions and the car subscription industry: who’s succeeding and who’s not.
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Twitter Considers Subscription Features and Paid Tools
Social media platform Twitter is considering a variety of subscription features, monetization options and paid tools to diversify revenue.
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Bloomberg Media Reports Record Traffic and 135% Revenue Growth in 2020
Bloomberg Media reports record traffic and 135% revenue growth in 2020. As a result, CEO Justin Smith has set ambitious goals for 2021.
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Uber Buys Alcohol Delivery Service Drizly for $1.1B
Uber buys alcohol delivery service Drizly for $1.1 billion in a stock and cash deal, further expanding Uber’s revenue and service mix.
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HubSpot to Acquire Media Startup ‘The Hustle’
HubSpot, a marketing software and CRM company, is acquiring media startup The Hustle in a deal estimated to be worth $27 million.
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