Consumer Media and Publishing
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After years of chasing after Tribune Publishing, Alden Global Capital has finally grasped the golden goose in a $630M cash deal.
Sports Illustrated launches premium memberships, Ordslip & DoorDash partner for on-demand delivery and Spotify considers a la carte payments.
Bloomberg Media reports record traffic and 135% revenue growth in 2020. As a result, CEO Justin Smith has set ambitious goals for 2021.
The New York Times’ Digital-Only Subscription Revenue outpaces print subscription revenue in the fourth quarter and full year 2020.
Disney+ will launch ad-free bundle, Apple & Facebook trade barbs over business models, & Sports Illustrated will put up paywall for premium content.
HD Media sues Facebook & Google for ad dominance, AMC Theatres raises $917 million to keep going, and Vimeo is valued at over $5 billion.
New Jersey Hills Media Group, home to 14 weekly newspapers, has signed an agreement with Corporation for New Jersey Local Media to become a nonprofit.
Yesterday Twitter announced their acquisition of Revue, a tool that helps writers and creators monetize content through paid newsletters.
Forbes is launching its Journalist Entrepreneurs subscription newsletter platform, where writers and Forbes share revenue 50/50.
Apple extends free trials for Apple TV+ (again), Deliveroo raises $180 million, and we share the best times to post to social media.
