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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
In a move reminiscent of MoviePass, publishing platform Medium pivots its business model again, resulting in layoffs and leadership changes.
The New York Times A/B tests 29% of its headlines, the U.S. box office lost 80% of revenue last year while streaming soared, and TikTok
Verizon Media bets big on Yahoo Plus premium subscriptions including Mail, Finance, Protect and Fantasy.
CrowdStrike gets record # of subscribers in Q4, Philo and Best Buy partner with $1 promo, Daily Telegraph to link journalists’ pay to article popularity.
Facebook is launching a subscription newsletter platform for independent writers to grow their audiences.
Less than a month after acquiring HuffPost, BuzzFeed cuts 47 U.S. staff and shuts down Canadian outlet.
TripAdvisor is looking to private equity funding for a subscription product, and Torstar is launching an online casino to fund its journalism.

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