Consumer Media and Publishing
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Axios Local on pace to generated $5M in 2021; Peloton offers big subscription discounts; and Gannett fights FBI subpoena to ID readers of a USA
Facebook won’t take a cut of creator revenue till 2023; Google fights back against antitrust allegations; and Pres. Biden reverses TikTok and WeChat bans.
Gray TV upped its bid to buy Meredith’s broadcast TV business from $2.7 billion to $2.825 billion when a competitor offered an unsolicited bid.
Beachbody reports revenue gain ahead of merger, Apple delays launch of Podcasts Subscription, and Headspace to launch podcast channel and sleep subscription.
Meredith’s SHAPE magazine adds a new revenue stream with the summer edition of its Beauty Lab Box.
Verizon offers free Apple Arcade and Google Play Pass to unlimited subscribers, The New York Times is in talks to buy The Athletic, Amazon confirms
Piano raises $88M, Epic Games and Apple face off in court, CMA looks at auto-renewal practices of anti-virus software companies.
In a deal worth $633M, Tribune Publishing shareholders approved the sale of the media organization to hedge fund Alden Global Capital at a special shareholders’
Parler returns to the App Store, Twitch drops subscription prices, and Uber and Lyft will provide free rides to COVID-19 vaccine sites in a deal
Apple Music announces lossless audio, IAB said US podcast revenue will be $2B in 2023, and YouTube spends $7M to help journalists and newsrooms start
