Industry Announcements
Latest
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 our subscription news round-up, Spotify misses out on an acquisition opportunity, Washington Post adds audio to articles & Pluto TV adds CBS content.
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
Google Play Pass announces upgrades to the Android alternative to Apple Arcade, including new games and apps, an annual subscription plan and new markets.
Hedge fund Chatham Asset Management wins the bid to buy the McClatchy Company in a deal estimated to be worth more than $300 million.
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.
OnlyFans subscribers may have to pay 3 years’ worth of unpaid taxes, Roku adds live feeds for premium subscribers and Reuters is putting up a
Europol shut down a five-year-old streaming video piracy operation that had 2 million subscribers in Europe, the Middle East and Asia.
