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Weekly Subscription News, May 16, 2020: Quibi puts free content on YouTube to grow subscribers, Wink charged with extortion, and Canva adds 15 times more
Five on Friday, May 15, 2020 includes jobs at NBA League Pass, Roku’s huge increase in viewership and the trend to online shopping subscriptions.
Magazine publisher Condé Nast and digital news outlet BuzzFeed announced additional layoffs, furloughs and cost cutting measures due to the pandemic.
Smart home hub provider Wink outraged customers last week when it unexpectedly announced a switch to the subscription model.
In its first full quarter earnings report since the merger, Gannett Co., Inc. reports a net loss of $80.2 million and strong revenue & adjusted
Independent niche magazines are suffering with the closure of bookstores and other outlets during COVID-19. MagBox finds a solution with a subscription box.
In its first quarter 2020 earnings results, The New York Times Company reports record subscriptions.
Tesla delays the release of its semi until 2021; the Skimm cuts staff 20%, and Comcast struggles with the loss of revenue from theme parks,
In this week’s Five on Friday, we’ll explore how subscription companies have been impacted and are adapting to the new normal with COVID-19.
VISA has announced an Emergency COVID-related Operational Business update and this announcement delays VISA’s enhanced descriptor requirement until April 2021 with proactive compliance enforcement put

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