TechCrunch plans to wind down paid subscription product TC+ as it refocuses its coverage around the investors, founders and startups of Silicon Valley, reports Mark Stenberg of Adweek.
Stenberg writes, “TechCrunch first launched its subscription product, then called ExtraCrunch, in 2019, before rebranding it to TC+ in 2021.
“TC+ subscriptions cost $15 per month or $99 per year, but the publisher has never shared publicly how many subscribers the program has. In September 2022, TC+ had grown 142% year over year, and its revenue had increased 82% in the same period.
“The decision to sunset TC+ follows on the heels of a broader trend in the subscriptions space, as shifting economic conditions have prompted publishers to reevaluate how they balance advertising and reader revenue initiatives.”
Read more here.