Consumer Media and Publishing
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Google contributes $29M to EU fund to fight fake news, Axios and The Athletic might merge, and LinkedIn shares top subscription jobs.
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.
