Weekly Subscription News: Rackspace, Revamp and Royalties

In this week’s subscription headlines, New Media agrees to acquire the Akron Beacon Journal for $16 million, streaming music service Tidal is allegedly behind

In this week’s subscription headlines, New Media agrees to acquire the Akron Beacon Journal for $16 million, streaming music service Tidal is allegedly behind in its royalty payments to artists, and the Supreme Court approves sports betting, a boost to the sports media business model. Also this week, Rackspace acquires RelationEdge, Google has revamped its YouTube music subscription, and subscription box Wantable raises $1.44 million in funding.

New Media Acquires Akron Beacon Journal for $16 Million
Publishers Daily

Apple Music Competitor Tidal Allegedly Months Behind on Royalty Payments
MacRumors

Sports Media Just Got a Big Business Model Subsidy from Supreme Court
Nieman Lab

Rackspace Buys RelationEdge, Adding SaaS Services to Portfolio
ZDNet

Revamped YouTube Music Is Google’s Latest Effort to Take on Spotify
Digital Trends

iPhone App Makers Forming a ‘Union’ to Demand Improvements from Apple
CNBC

Subscription Box Online Styling Service Wantable Raises $1.44 Million in Financing
Journal Sentinel

Digital Publisher Minute Media Secures $17 Million Funding Round
Publishers Daily

Filed in Auto-renew Subscription, Business Services, Consumer Services, Entertainment and Streaming, FInance, Mergers and Acquisitions, News, Revenue and Sales, SaaS and Cloud Services, Subscription Boxes

Dana E. Neuts

Dana Neuts is Subscription Insider's Editorial Director, covering our daily subscription news as well as member features, case studies, premium content, and reports. Dana is also a writer, editor, marketer and communications professional. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!