Recent years have brought Air Mail, Puck, Punchbowl News, Protocol, Grid, the Information, Tortoise, Axios, and the Athletic, not to forget Substack, where writers can sell subscriptions to their own newsletters. ( Justin Smith, former chief executive officer of Bloomberg Media, just announced plans for such a media startup.)
Venture capitalists cumulatively pumped $1.4 billion into publishing startups in the U.S. and Europe last year, more than twice the investment of any previous year, according to research from Pitchbook Data Inc. The New York Times Co. recently agreed to buy sports website the Athletic for $550 million, and Axel Springer SE wrote a $1 billion check for Politico last year.
Denne historien er fra January 31, 2022-utgaven av Bloomberg Businessweek.
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Denne historien er fra January 31, 2022-utgaven av Bloomberg Businessweek.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers
