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EatingWell finishes 2020 strong with significant increase in advertising revenue, web and social media traffic, and magazine subscriptions.
Last week, IAC announced it plans to spin off video platform Vimeo. The move comes about 7 weeks after Vimeo raised $150M in equity.
This year’s top subscription stories include major acquisitions, antitrust concerns, lots of layoffs, an abundance of launches and more.
Peloton announced its plan to buy Precor, a larger global fitness equipment manufacturer, in a deal valued at $420 million.
Tribune Publishing sells BestReviews for $160M, Roku and HBO Max make a deal, and BBC Studios to launch ad-free subscription service.
The Rachael Ray In Season magazine is returning to the subscription model and expanding the magazine to offer home delivery.
Subscription box startup BarkBox filed for an IPO thru a merger with a special purpose acquisition company. The company is valued at $1.6B.
Last week, Google got hit with two more antitrust lawsuits, just two months after the Department of Justice filed its own antitrust lawsuit.
Winc wines grows under the power of influencers, CBS All Access adds more kids’ programming and Franklin Covey’s model survies the pandemic.
Gannett will outsource 485 back office jobs to India next year. Affected employees will be notified by January 15 and can stop on til April.
