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A new platform – Subtext – is having great success helping publishers connect and engage with readers through text messages.
The Guardian announced that it will be cutting up to 180 jobs (70 editorial, 110 business positions) due to declining revenue resulting from the pandemic.
In its second quarter letter to shareholders, streaming video subscription service Netflix reported double-digit growth in total revenue and membership.
In our subscription news round-up, Spotify misses out on an acquisition opportunity, Washington Post adds audio to articles & Pluto TV adds CBS content.
Volvo agreed to revamp its Care by Volvo car subscription program to appease California auto dealers without violating state franchise laws.
Cosmpolitan launches a paid membership program, Walmart is hit with a lawsuit for alleged data breach and experts predict $1B in podcast ad revenue in
After putting it on hold indefinitely, Wink will move forward with its subscription plan on July 27. Non-subscribers will retain limited functionality.
Twitter may be exploring a subscription platform if job postings are any indication. It isn’t clear how Twitter would use a subscription platform.
BMW explores in-car subscriptions for smart, connected services; Sony sued by game developer for royalties; and Cash App might be worth more than Square.
Food delivery services like DoorDash and Grubhub are making merger moves while stepping up their game during the COVID-19 pandemic.

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