Bloomberg News is laying off 90 staff, primarily in editorial positions, to improve processes and accountability and to elevate editing.
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The top-grossing subscription apps of 2021, 4 retention tips from Mather Economics and the growing popularity of bookazines.
Microsoft supports a proposal by the Australian Parliament to pay publishers for news. Facebook and Google actively oppose the measure.
Last year, subscription meal kits were estimated to be a $4.05 billion market, growing to $4.75 billion this year and $7.63 billion by 2024.
After years of chasing after Tribune Publishing, Alden Global Capital has finally grasped the golden goose in a $630M cash deal.
Disney’s direct-to-consumer subscriptions save the company’s first quarter of fiscal year 2021, with Disney+ soaring to 94.9M subscribers.
Female-focused dating app Bumble raised $2.2 billion in its initial public offering last week, making 31-year-old CEO a billionaire.
Sports Illustrated launches premium memberships, Ordslip & DoorDash partner for on-demand delivery and Spotify considers a la carte payments.
Social media platform Twitter is considering a variety of subscription features, monetization options and paid tools to diversify revenue.
Substack welcomes newsletter competition, Word Press’s parent buys content analytics platform Parse.ly, and Comcast holds off on data caps.
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