This week’s subscription news roundup features articles on vehicle acceleration subscriptions and ad products galore. After an initial uproar about EV subscription pricing, Mercedes is dropping its annual fee and adding a lifetime upgrade option. In advertising news, TikTok is launching an ad product for publishers and giving them a 50% cut, Snapchat is bringing advertising to its short-form Spotlight product, and YouTube sees a 2.5% drop in advertising revenue year-over-year for the first quarter.
Mercedes Tweaks EV ‘Acceleration Increase’ Subscription Offer with New Pricing
The Drive
Elon Musk Threatens to Reassign @NPR to ‘Another Company’
NPR
One Year After Removing Its Paywall, Quartz’s Traffic Continues to Drop
Adweek
TikTok Is Launching Ad Product for Publishers and Giving Them 50% Cut
The Wall Street Journal
Meta Announces New Ways to Discover and Personalize Facebook Reels
Meta Blog
Newly Launched Rural Newswire Offers Stories for Any Newsroom to Republish
Grist
Snapchat Is Bringing Ads to Its Short-Form Spotlight Format
Tubefilter
YouTube Ad Revenue Dropped 2.5% YOY in Q1, But Paid Subscription Sales Grew 9%
Music Business Worldwide