Gannett reported 31% growth year-over-year in digital-only subscribers for Q2 2020, bringing total digital-only subscribers to 927,000.
The Guardian announced that it will be cutting up to 180 jobs (70 editorial, 110 business positions) due to declining revenue resulting from the
Food delivery service DoorDash has raised $400 million in additional capital from new investors, bringing the company’s valuation to just under $16 billion.
In its first quarter earnings report, Tribune Publishing revealed 30.7% growth in digital subscribers, along with revenue declines and a net loss of $44M.
Google announced it will provide funding for more than 5,300 small & medium-sized local newsrooms from its Journalism Emergency Relief Fund.