Five on Friday: Fake News, Twitter Conversations and Top Subscription Jobs
Google contributes $29M to EU fund to fight fake news, Axios and The Athletic might merge, and LinkedIn shares top subscription jobs.
Alden Global Capital Has Competition for Purchase of Tribune Publishing
Alden Global Capital has competition in its bid to buy Tribune Publishing. Two businessman and philanthropists have beat their bid by $20 million.
News Corp to Buy Houghton Mifflin Harcourt Books & Media for $349M
News Corp announced this week that it will be Houghton Mifflin Harcourt's Books & Media division for $349 million in cash.
News Corp to Buy Investor’s Business Daily for $275 Million
News Corp announced last week that it will acquire Investor's Business Daily for $275 million. The company will operate as a stand-alone brand under Dow Jones.
Medium Pivots Business Model Again
In a move reminiscent of MoviePass, publishing platform Medium pivots its business model again, resulting in layoffs and leadership changes.
Weekly Subscription News: Royalties, Vending Machines and E-Scooters
13K Spotify artists made $50K in 2020, MoviePass could make a comeback, Coca-Cola launches vending machine subscriptions in Japan.
Five on Friday: Targeted Ads A/B Testing and Article Popularity
The New York Times A/B tests 29% of its headlines, the U.S. box office lost 80% of revenue last year while streaming soared, and TikTok users must accept targeted ads.
Roku Acquires ‘This Old House’ Brand and Content
Roku has purchased 'This Old House," its TV programs, the shows' content library, digital assets and TV production studio.
Verizon Media Group Bets Big on Yahoo Plus Subscriptions
Verizon Media bets big on Yahoo Plus premium subscriptions including Mail, Finance, Protect and Fantasy.
YouTube to Launch TikTok Rival ‘YouTube Shorts’ in the U.S.
Over the next few weeks, YouTube is launching a TikTok rival, YouTube Shorts, in the U.S. in beta.
