Weekly Subscription News: Losses, Launches and Luxury

Featuring NYT Cooking, Medium, Visa, Plaid and Tidal

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.

NYT Cooking Launches Ad Campaign Amid Surging Growth
Media Post

Apple Mulls Podcast Subscription Service to Chase Spotify
Bloomberg

Amazon Launches Mobile Prime Video Plan in India
TechCrunch

Medium Acquires Ebook Company Glose
The Verge

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Visa & Plaid Call Off Merger Following Antitrust Pressure
ABC News

A Members-Only Model Is Helping Restaurants, Luxury Travel Survive
Bloomberg

Tidal Revenues Grew 13% in 2019 While Losses Exceeded $50 Million
Digital Music News

Peacock Estimated to Hit 52M Subscriptions, $2B in Revenue by 2024
Media Post