Subscription headlines this week include losses, ad launches, and luxury travel. NYT Cooking kicks off an ad campaign to leverage its surging growth, Apple wants to be a major player in the podcast subscription market, and Visa and Plaid call off their merger after DOJ pressure. Also, a members-only model helps restaurants and luxury travel services survive the pandemic, Tidal’s revenue grows but losses persist, and Peacock could hit 52 million subscribers (about ¼ of Netflix) by 2024.
Medium Acquires Ebook Company Glose
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Tidal Revenues Grew 13% in 2019 While Losses Exceeded $50 Million
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