Friday Five - November 18th
Welcome back to Friday Five, your favorite news article for the latest industry trends! This week, we talk about The New York Times’ steady subscription growth to 9.3 million subscribers, a merger is blocked for Penguin Random House and Simon & Schuster, top 50 news websites in the United States for October, the collapse of the crypto exchange, and flying subscription plans.
Subscription Growth for The New York Times
The New York Times continued its steady digital subscription growth in the third quarter, with 9.3 million subscribers, but news alone is no longer the driver. Read the full article.
Merger Blocked for Large Publishers
A United States judge blocked a planned $2.2 billion merger of Penguin Random House, the world’s largest book publisher, with Simon & Schuster, citing negative impacts on authors. Read the full article.
Top 50 News Sites in October
Press Gazette reports the top 50 news websites in the United States in the month of October – The Sun, The New York Times, and BBC. Read the full article.
Crypto Exchange Failure
According to bankruptcy filings, over a million people and companies could be owed money following the collapse of the crypto exchange FTX. Read the full article.
Frontier Airlines Flying Subscription
A United States airline announced an all-you-can-fly subscription plan that will provide access to unlimited flights between any of its domestic locations for $600 for the first year. Read the full article