Weekly Subscription News: Planning, Poaching and Pay TV

In this week’s subscription headlines, the BBC plans an online pay TV subscription service, Twitter confirms it is working on a subscription service but it won’t be ready this year, and BuzzFeed lays off 50 people after losing advertising revenue. Also, The Athletic is hoping cross-marketing deals will boost subscriptions, Apple is offering past Apple News+ subscriber another free month, and Facebook will pay a $650 million settlement over facial recognition.

BBC Plans Online Pay TV Subscription Service
InformITV

Apple Offers Past Apple News+ Subscribers Another Free Month
Apple Insider

The Athletic Looking to Boost Subscribers with Cross-Marketing Deals
Front Office Sports

Twitter Confirms It May Add Subscriptions But Not in 2020
Digital Trends

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Cord Cutting by Pay TV Subscribers Contributes to Reduction in Verizon Revenue
Forbes

Facebook’s Sad Summer Continues with $650M Settlement over Facial Recognition
Recode/Vox

BuzzFeed Lays Off 50 After Pandemic Hurts Lucrative Ad Deals
Bloomberg

TikTok Competitor Instagram Reels Is Reportedly Looking to Poach Creators with Six-Figure Payments
Tubefilter