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PlayStation Now has 2.2 million subscribers, BBC Four could become a global subscription service, and The Atlantic is cutting 17% of staff.
Five on Friday, May 29, 2020: grocery stores are adapting to new shopping trends, beauty boxes are riding the wave of coronavirus, and Meredith launches
Torstar, publisher of the Toronto Star and TheStar.com has been sold in a deal worth approximately $52 million. The new owners intend to take the
At their annual shareholders’ meeting last week, Tribune Publishing elected two directors from Alden Global Capital to its board, further tightening the firm’s grip on
TikTok hires Kevin Mayer as its new CEO; BuzzFeed shutds down ops in U.K. and Australia; and Facebook adds Messenger rooms for groups and events.
Brands can leverage their advertising during COVID-19, MasterClass raises $100M in funding, and Chris Hemsworth’s app Centr is making headlines for its business practices.
Eric and Wendy Schmidt made a $4.7 million grant to NPR for the Collaborative News Network, which will create regional newsrooms across the U.S.
Business news site Quartz is laying off 80 employees and emphasizing its membership model as part of a larger restructuring.
Five on Friday, May 15, 2020 includes jobs at NBA League Pass, Roku’s huge increase in viewership and the trend to online shopping subscriptions.
Magazine publisher Condé Nast and digital news outlet BuzzFeed announced additional layoffs, furloughs and cost cutting measures due to the pandemic.
