After raising $155M in Series F funding, Patreon announced a valuation of $4B, three times the company's valuation six months ago.
Ad wraps for bookazines, new funding for Substack and FCC rules on media cross-ownership are all in the weekly subscription news this week.
Highlights of App Annie's State of Mobile 2021 report, Facebook data breach and the value of a fast website
A pair of billionaires outbids hedge fund Alden Global Capital for Tribune Publishing by $50 million.
The Northeast News in Kansas City, Missouri got the attention of readers when it printed a blank front page and did not answer phones or publish online news for 24 hours.
Making the subscription news headlines this week are merger talks, advertising platforms, job cuts and the weirdness of pandemic dating.
Google contributes $29M to EU fund to fight fake news, Axios and The Athletic might merge, and LinkedIn shares top subscription jobs.
Alden Global Capital has competition in its bid to buy Tribune Publishing. Two businessman and philanthropists have beat their bid by $20 million.
News Corp announced this week that it will be Houghton Mifflin Harcourt's Books & Media division for $349 million in cash.
News Corp announced last week that it will acquire Investor's Business Daily for $275 million. The company will operate as a stand-alone brand under Dow Jones.