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Ads drive revenue for video, not subscriptions; Post bets big on micropayments; Amazon Alexa set to lose $10B in 2022.
For Q3 2022, Gannett reported 1.98M digital-only paid subscribers, growing to more than 2M in October.
In Q3 2022, The New York Times reports it has 9.33M paid subscribers including 8.59M paid digital-only subscribers.
Lyft cuts subscription price in half, Patreon is struggling, and the FTC considers rules to fight fake reviews.
Kanye Yest, who now goes by Ye, plans to purchase Parler, an alternative, conservative social media platform.
Gannett is making major cuts that directly impact staff including pause of 401(k) match, mandatory leave and severance offers.
If Canada’s Online News Act passes, it could cost digital platforms like Google & Facebook $392.2M (Canadian) a year.
Now a nonprofit newsroom, the Chicago Sun-Times drops its digital paywall and adopts a membership model.
TikTok may get to stay in the US, Substack launches a new web reader, Walmart joins the metaverse.
Yahoo acquired The Factual, an AI-driven news rating company that evaluates articles for credibility and bias.
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