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Weekly Subscription News: Raising Money, Ransomware and Rivals

Featuring Steam, Sinclair TV, IAB and Post and Courier

Incredible fundraising, ransomware attacks and newsroom rivals make the subscription headlines this week. Sinclair TV stations across the U.S. were disrupted after a ransomware attack, hotel magnate Steward W. Bainum Jr., who wanted to buy The Baltimore Sun, plans to launch a rival news outlet, and the Post and Courier raised an incredible $1 million over 100 days. Also, The Atlantic writes about Alden Global Capital’s gutting of America’s newsrooms, IAB projects 8% growth in digital ad spending next year, and Spotify and Pandora are attracting the most audio listeners in the U.S.

Steam Bans All Video Games Selling Cryptocurrencies and NFTs

Sinclair TV Stations Disrupted Across the U.S. After Ransomware Attack
The Record

IAB Projects 8% Growth in 2022 Digital Ad Spend, Warns about ‘Bad’ Ad Experiences
Media Post

The Executive Who Tried to Buy The Baltimore Sun Plans a Rival News Outlet
The New York Times

A Secretive Hedge Fund Is Gutting America’s Newsrooms
The Atlantic

Spotify and Pandora Lead US in Audio Listeners

How the Post and Courier Raised $1M Over 100 Days
Better News

Amazon to Leave Remote Work Decisions to Individual Team Leaders

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