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Netflix diversified with new products and services; buy-now-pay-later expands to subscriptions; podcasting wars heat up.
Private investment firm GSV Asset Management makes an offer to Forbes prior to the closing of their SPAC deal with Magnum Opus.
Christmas came early for Group Nine. Earlier this week, Vox Media announced its plans to purchase the media company.
BuzzFeed’s IPO is a bust, Facebook quietly buys the metaverse, Spotify removes content over royalty disputes.
The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Five major textbook publishers are suing Shopify for allegedly violating copyright laws by selling PDFs of textbooks without authorization.
Jack Dorsey announced he is resigning as CEO of Twitter effectively immediately. He’ll remain on the board until May.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Literati wants creators to launch book clubs, Recurly on pace to hit $10B in payments volume, Nokia to launch cloud-based SaaS.
Substack hits 1M paid subscriptions, Tripadvisor finds and removes 1M fraudulent reviews, The Economist auctions ‘Rabbit Hole’ NFT for 422K
