In this week’s subscription news, The Guardian’s online readers contribute more to the new organization than print readers, and Netflix’s ad-supported tier will not offer all Netflix shows to lower-priced subscribers. Facebook makes major changes to look more like TikTok, while putting news on the back burner, and the American Journalism Project invests $3.5 million in three local, nonprofit news organizations.
Guardian Media Group Records Strongest Financial Results from 2008
The Guardian
Universal Music Revenue Surges Amid Subscritpion, Streaming Push
MarketWatch
SyncFloor’s New Subscription Simplifies Music Licensing for Digital Fitness
Club Industry
Sweeping Changes Remake Facebook App in TikTok’s Image
Axios
American Journalism Project Invests $3.5M in Three Local, Nonprofit News Organizations
American Journalism Project
Instagram, TikTok, YouTube Top News Sources for U.K. Teens
Variety
Facebook Puts News on Back Burner as it Pushes Video and Creators
The Verge
Byron Allen Buys Black News Channel for $11M
The Hollywood Reporter