Instagram Reels

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Over the next few weeks, YouTube is launching a TikTok rival, YouTube Shorts, in the U.S. in beta.
New Statesman grows digital subscriptions 75% in a year, NYT tests digital subscriptions for kids & SiriusXM gives 1M lifetime subscriptions in a settlement.
Winc wines grows under the power of influencers, CBS All Access adds more kids’ programming and Franklin Covey’s model survies the pandemic.
The FCC officially repeals net neutrality, YouTube launches “Shorts,” a rival to TikTok, and Netflix is testing an audio-only mode.
Apple gives new iPhone buyers free subscriptions, hotels use subscriptions to lure back guests, and Morning Brew wants Business Insider to buy it.
Last week, Facebook-owned Instagram announced the launch of its short-form video platform, Instagram Reels, a new rival for TikTok.
Micro-video platform started a $200 million TikTok Creator Fund to help creators turn their content into careers and signed a multi-year deal with NMPA.

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