Reuters launches subscription business aimed at those making corporate decisions

Reuters is launching a new subscription research business called Reuters Insight that will be geared toward individuals making corporate strategy decisions, reports Sara Fischer of Axios. Fischer writes, “The new business unit becomes Reuters’ first-ever subscription business aimed at individuals rather than whole enterprises. The company’s previously announced subscription plan for its news site is in limbo […]

The Information is starting a social network for subscribers

Tech news site The Information is launching a social network for its subscribers, reports Sara Fischer of Axios. Fischer reports, “The new networking system, which rolls out this week, will include three core features: User profiles: Subscribers will be able to opt in to share fuller information about themselves, including whether they are interested in connecting about fundraising, […]

Reuters to provide content for Haystack News

Reuters announced that it has joined Haystack News, a streaming service that connects viewers with local, national and world TV news. Haystack has more more than 10 million viewers on its streaming service. Reuters video coverage is updated throughout the day “Reuters is excited to partner with Haystack News to offer their audience access to […]

Tampa Bay Times CEO thinks digital

Conan Gallaty took over as CEO of the Tampa Bay Times in mid-January after a 20-year career focused on digital media. As the paper’s print business model declined, financial constraints led to layoffs, pay cuts and furloughs. Currently, the paper is profitable, including on a net operating basis as per Gallaty. Below is an edited […]

WSJ unveiling commerce site called “Buy Side from WSJ”

The Wall Street Journal will unveil a brand new commerce website called “Buy Side from WSJ,” featuring reviews for consumer goods and personal finance products, reports Sara Fischer of Axios. Fischer reports, “Unlike The Journal’s news site, Buy Side will remain free, helping The Journal attract new audiences, while also bringing in new types of revenue. “We […]

Economist exploring charging for podcasts

The Economist, which has twice as many podcast listeners as subscribers, is exploring whether to charge to listen to them, writes Bron Maher of Press Gazette. Maher writes, “Most podcasts associated with news websites remain un-paywalled, with one notable exception being that of the otherwise paywall-free Il Post in Italy. “The Economist has some breathing room to figure out […]

What’s behind Bloomberg’s strategy in Great Britain

Seb Joseph of Digiday writes about Bloomberg’s recent expansion in Great Britain. Joseph writes, “Bloomberg Execs are hoping this extends to business journalism — especially as its own subscriptions in the U.K have been on a tear (growth was up 30% in 2021 alone). And they may have a point. The current economic plight is a […]

Crypto news site Decrypt spins out from parent after raising $10M

Cryptocurrency news site Decrypt has spun out from its parent company after raising a $10 million series A round and will use some of that money to hire journalists, reports Sara Fischer of Axios. Fischer reports, “The company made around $1 million in revenue last year, and is expecting that to grow meaningfully this year, forecasting […]

Industry Dive launches Legal Dive

Robert Freedman, a senior editor, explains why Industry Dive has launched a new newsletter called Legal Dive. Freedman writes, “There’s no shortage of legal news today. Law.com, Law360 and others are keeping attorneys updated on important developments. These publications are covering the profession from many angles, including the in-house counsel side, so let me share […]

Bloomberg continues to thrive, annual revenue hits $11.6 billion

Bloomberg LP, the parent of Bloomberg News, continues to thrive despite efforts by competitors to produce an alternative, writes Robin Wigglesworth of the Financial Times. Wigglesworth writes, “The hunt for a ‘Bloomberg Killer’ has been ongoing ever since Mike Bloomberg’s clunky but crack-addictive terminal first took over the financial data world. It seems no one is getting […]