January 20, 2017

This Week’s Subscription Headlines: Apple, Amazon and AlarmForce

In subscription news headlines this week, Hearst announces its plans for more acquisitions in 2017 to become less reliant on media, Apple considers original content, and Amazon is going on a hiring spree, seeking to hire 10,000 more U.S. employees. In addition, we’ve got articles on Nintendo Switch, McClatchy’s sale of the Sacramento Bee’s headquarters, and an update from AlarmForce who got tagged last year for overcharging subscribers.

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Sports News Startup ‘The Athletic’ Raises $2.1 Million in Seed Funding

Sports news site startup The Athletic believes so strongly in the subscription model that it launched as a subscription-only site with a hard paywall in two markets – Chicago and Toronto. Investors seem to think it is a hot ticket too. They’ve given $2.1 million to The Athletic in its seed funding round, including a $500,000 investment from venture capital firm Courtside Ventures, reports Forbes.

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