Industry Announcements
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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.
Mindfulness and meditation app Headspace is offering free one-year subscriptions to U.S. workers who are unemployed or furloughed.
Weekly Subscription News, May 16, 2020: Quibi puts free content on YouTube to grow subscribers, Wink charged with extortion, and Canva adds 15 times more
Smart home hub provider Wink outraged customers last week when it unexpectedly announced a switch to the subscription model.
Tesla delays the release of its semi until 2021; the Skimm cuts staff 20%, and Comcast struggles with the loss of revenue from theme parks,
In this week’s Five on Friday, we’ll explore how subscription companies have been impacted and are adapting to the new normal with COVID-19.
Dining card subscription company Foodie Card raises $1.5 million in seed funding to hire staff, grow restaurant and food bank partnerships and expand nationally.
In this week’s news, Congress wonders if Amazon lied to them, entrepreneurs launch art & plant subscriptions & Google requires identify verification.
The Seattle Times received a $9.9 million forgivable loan as part of the Payroll Protection Program under the CARES Act.