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Weekly Subscription News: Ad-Free, AI and Auto Subscriptions

Featuring Tumblr, FT, Netflix, OpenAI and TikTok

This week’s subscription headlines feature pricier ad-free subscriptions, investments by OpenAI and how auto subscription services impact car dealers. Also, Tumblr loses about $30 million every year, TikTok has already expanded its new premium music subscription service, and more than 17,000 media jobs have been cut in 2023 to date. How many more will be lost in the second half of the year?

Tumblr Is in the Red and Losing $30 Million Every Year
Gizmodo

More Than 17,000 Media Jobs Cut in 2023 So Far
Axios

The Changing Tide: Auto Subscription Services and the Impact on Dealerships
CBT News

FT Reveals How It Plans to Grow B2B Subscriptions Yet Further
Press Gazette

People Who Don’t Use TikTok Think It’s a National Security Threat
Engadget

Netflix Just Made It More Expensive to Go Ad-Free in US & UK
Apple Insider

OpenAI Will Give Local News $5M to Experiment with AI
Nieman Lab

TikTok Launches Its Music Streaming Service in Australia, Mexico and Singapore
TechCrunch

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