Weekly Subscription News: Self-Driving, Stonewalling and Struggling

Featuring Tesla, The Skimm, Wink, Salesforce and Comcast

As quarantine fatigue sets in, COVID-19 continues to have a big impact on subscription businesses. In this week’s subscription news, Tesla delays the release of its semi to 2021, The Skimm cuts 20% of staff, and Comcast struggles with the loss of revenue from theme parks, movies and sports. Also this week, Salesforce announces it will offer new tools to help businesses safely return to work, Gannett stonewalls elections for three newspaper unions, and a local ownership group makes a play to buy The Baltimore Sun from Tribune Publishing.

Tesla Full Self-Driving to Move to Subscription Model This Year, Semi Delayed
AutoBlog

The Skimm Cuts 20% of Staff Amid Coronavirus Pandemic
Wall Street Journal

You May Be Interested In:

FREE WEBINAR
Learn Strategies for Revenue Protection and Growth During Crisis
Join us on June 17th for actionable insights that can immediately help your organization adapt to ongoing uncertainty and future opportunities.
LEARN MORE

Smart Home Hub Company Wink Moves to a Subscription Plan
CNET

Gannett Has Been Stonewalling Elections for Three Newspaper Unions
CNN Business

Salesforce Announces New Tools to Help Businesses Return to Work
CNBC

Comcast Struggles as Theme Parks, Movies and Sports Suddenly Disappear
The Verge

A Local Group Is Organizing to Try to Buy The Baltimore Sun from Tribune Publishing
Poynter

YouTube Generated $4.04 Billion in Q1 Ad Revenue But Brands Are Buying Less
Tubefilter