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TikTok hires Kevin Mayer as its new CEO; BuzzFeed shutds down ops in U.K. and Australia; and Facebook adds Messenger rooms for groups and events.
Yesterday Scribd announced it is adding new premium content for subscribers, including free access to music, movies, documentaries, comics and more.
Brands can leverage their advertising during COVID-19, MasterClass raises $100M in funding, and Chris Hemsworth’s app Centr is making headlines for its business practices.
Eric and Wendy Schmidt made a $4.7 million grant to NPR for the Collaborative News Network, which will create regional newsrooms across the U.S.
Mindfulness and meditation app Headspace is offering free one-year subscriptions to U.S. workers who are unemployed or furloughed.
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.
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.

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