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Business news site Quartz is laying off 80 employees and emphasizing its membership model as part of a larger restructuring.
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
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.
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.
Teladoc sees double-digit growth in revenue and visits during the first quarter of 2020.
Dining card subscription company Foodie Card raises $1.5 million in seed funding to hire staff, grow restaurant and food bank partnerships and expand nationally.

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