The next tech ‘solution’ for the news industry seems to be coming from Cupertino, California. Apple wants to launch a subscription service for news, what the media is calling “Netflix for news”. The tech company would require a flat monthly subscription fee—estimated to be around $10—in exchange for access to an unlimited number of articles […]
The NYT proves that media can live off digital revenues
Living off digital revenues is every news outlet’s dream. Last week The New York Times revealed the dream had become a reality for them. The prominent newspaper announced its 2018 financials, disclosing that 40% of its total revenue comes from digital sources. This is good news, a story of success after the January layoffs that […]
Digital advertising is not enough to keep digital news outlets afloat
For the media industry, 2019 is not starting off on the right foot. In a little over a week, 1,000 jobs were cut nationwide. This avalanche started last Wednesday when Verizon Media Group—Yahoo, AOL and The Huffington Post’s parent company—disclosed a 7% cut in their media unit staff (800 jobs.) Shortly after, Buzzfeed revealed they […]