Consumer Media and Publishing
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Newsletter platform Substack seeks $2 million from readers and writers in a crowdfunding round on Wefunder.com.
Zuora’s subscription economy index outpaces the S&P 500, Gannett says it may sell off more newspapers, and Substack wants newsletter writers to invest in them.
FBI & DOJ investigate ByteDance’s use of TikTok to spy on journalists, and Apple privacy changes lead to unsold iOS inventory.
BuzzFeed wants more stories from fewer staff; Google adds AI to apps; Playboy will relaunch magazine.
The rise and fall of Birchbox, Woom offers subscriptions for the workplace, and Pinterest tests a premium video ad format.
Canva adds a Canva for Campus offering to its subscription portfolio, expanding its reach and helping students and administrators collaborate visually.
Gannett hangs its hat on digital revenue. Total revenue declines but the company is seeing growth in digital-only paid subscriptions.
Tableau employees host an Irish wake, Amazon to require employees to return to the office 3 days a week, and ByteDance’s Feisu generated $100M in
Lee Enterprises forces furloughs, Twitter’s ad spend drops drastically, NFL Sunday Ticket may offer a cheaper option.
NPR is cutting 10% of its staff, or about 100 employees, to help make up a budget shortfall of $30-$32 million due to revenue declines.
