Consumer Media and Publishing

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Obvious Wines offers lifetime subscription for $6K; TikTok got more traffic than Google in ’21; Fox News #1 network for 6th straight year.
The Institute for Nonprofit News and their partners raised a record $12M to support NewsMatch 2021, including $6M in seed money for 2022 & 2023.
Top subscription stories of 2021, part 2, includes Alden Global Capital, the FTC, Discovery Inc., Meredith, Dotdash and Twitter
Publishers like Vox are merging with rivals, Lee’s stock is trading way above Alden offer, Snapchat Spotlight has paid $250M to 12K creators
Amazon to lower its share of Alexa skill-developer revenue; Spotify rolls out public podcast ratings; a popular Substack newsletter publishes 1st print edition.
Netflix diversified with new products and services; buy-now-pay-later expands to subscriptions; podcasting wars heat up.
EU will launch first newsroom with reporting from 16 member states, Netflix Originals see big viewership drop after initial surge, Toyota made a key fob
Alden Global Capital is taking Lee Enterprises to court, demaning that its three board nominees be considered. Hostile takeover, anyone?
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.

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