Weekly Subscription News: Rackspace, Revamp and Royalties

Featuring Apple, Akron Beacon Journal, Wantable and Minute Media

Weekly Subscription News: Rackspace

Source: Bigstock Photo

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

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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