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- Wednesday 5th May: What's next for Immediate Media?
Wednesday 5th May: What's next for Immediate Media?
Good morning! Today's Media Roundup is brought to you by Chris.
We like to share good news here at Media Voices, so this look at Immediate Media and its strong foothold as it looks to take its next leap forward is right in our wheelhouse. Immediate's financials for the past nine years show a company firmly in charge of the verticals in which it chooses to publish, and this is reflected in its circulation success over the course of 2020:
"In a UK market still dominated by news-stand sales, Immediate has more posted subscriptions than anyone else: 1.1m which was 14% up. The ABC figures showed double-digit growth for Immediate’s food, gardening, and children’s brands including BBC Good Food, BBC Gardener’s World, and Frozen."
There are caveats, obviously. No publishing business is wholly sound when it's exposed to print declines and digital uncertainty, but that subscription success and command of verticals demonstrate Immediate is probably poised to invest in a few more brand and product launches in the near future.
Twitter acquires distraction-free reading service Scroll to beef up its subscription product — techcrunch.com
So Twitter is acquiring Scroll. It's a welcome sign for those of us looking forward to its subscription service, one that suggests Twitter is planning to make it extremely robust. Effectively subscribers will be able to use Scroll to easily read their articles from news outlets and from Twitter’s own newsletters product, Revue.
This potted history takes a look at how Yahoo and AOL - which were once valued at more than $125 billion and $200 billion - fell from grace. In light of their sale to Apollo Global Marketing, it's worth taking a look at how these great monoliths of the Cretaceous internet lost their content mojo.
Here's a fun success story to end today's roundup: a news site created by Denver journalists dismayed over slashing cuts by the Denver Post's hedge fund owners are taking over 24 suburban papers.
This week's episode:
Twitch's Creative Strategy Lead Jack Woodcock on building communities through livestreams — voices.media
This week Twitch’s Creative Strategy Lead Jack Woodcock tells us about the opportunities for publishers around livestreaming, what lessons we can learn from the success of individual streamers, and how the team at Twitch looks to the community when creating new features.
We're so close to our Ko-Fi goal, and once we reach that, we'll be investing in some equipment to help take our audio quality to the next level. Top of the list? Throat lozenges for Chris