After two years of making massive purchases in the podcasting industry, Spotify may be planning to launch a subscription service for podcasts, a step that only a few firms have taken so far. Traditionally, podcasts have been open to consumers, funded mostly by advertisements but not subscriptions. The previous attempts to turn the sector upside […]
Where did Quibi go wrong?
Three months ago, the streaming service Quibi was launched with some fanfare and we devoted one of our posts to it (read Quibi, the new streaming platform for mobile devices). Its success so far has been quite limited. Its founders have blamed the pandemic for the app’s flop, but its problems may not stop here. […]
Noa, where curation is content
The birth of online news has made information overload a problem for consumers. With news updates popping up every second, it is hard to keep up with the current events while understanding the context for those events. For that reason, the audio company News over Audio (Noa) was launched three years ago to curate the […]
Local outlets struggle during COVID-19
As we settle in our quarantines, we have more time in our hands to read the news—and sometimes obsessively. Thus, it’s not surprising that since the COVID-19 pandemic reached the Western hemisphere, news readership has surged dramatically. But what has also drastically changed is newspaper revenue. With businesses closing, the number of ads has plunged, […]
How Covid-19 is feeding into the fake news problem
Since early February, fake news content surrounding Covid-19 has flooded the Internet. Citizens all over the world, trying to figure out how to face the crisis and protect their families, are turning to WhatsApp, Facebook, and videos/audios shared by friends with information on healthcare. While social media giants and news outlets try to tackle the […]
Subscriptions Flood Movie Theater Chains
We’ve heard it a thousand times—movie theaters, very much like books, are done. With their humongous fixed costs and their conservative outlook, they are just not ready to survive the online streaming era. That general assertion is true—streaming platforms, available for anyone with a laptop or a TV set, are releasing world-class pictures. But, although […]
Digital reading platforms: publishers’ friend or foe?
By Giulia Surace, Carmen Arroyo Last week the Swedish Publishers’ Association and the Swedish Booksellers’ Association released their annual Book Sales Statistics report for 2019, which covers 80% of the Swedish trade book consumer sales. The findings, in line with the previous years, are nonetheless astounding. Although the book market grew 1.1% in value, sales […]
Subscriptions work, especially for the NYT
Last week, The New York Times disclosed in the fourth-quarter earnings report it had broken a record of its own—its subscription numbers. The paper has added over one million digital-only subscribers in 2019, in what Mark Thompson, the Times’ CEO, described as “a record-setting year for The New York Times’s digital subscription business, the best […]
