Sep 24, 2019

The Information and Bloomberg discuss a bundled subscription

The Information has held talks with Bloomberg Media about a bundled subscription, sources tell Axios.

Why it matters: While the talks were preliminary and a potential partnership is not confirmed, both businesses cater to a high-end business consumer, so the audience alignment makes sense.

The big picture: The subscription landscape is growing so competitive, that news companies banning together to sell joint subscription packages may be the next big trend.

Both The Information and Bloomberg Media's individual subscription price is higher than the typical consumer subscription, at $400 and $340, respectively per year.
The news comes as The Information looks to grow its corporate subscriptions.
Bloomberg launched its consumer-facing subscription service in 2018.

Go deeper: An exclusive club of media unicorns survives media industry turmoil

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Sara Fischer

New financial media company targets high-end individual investors

Atom Finance

Atom Finance, a new media and financial technology company, has raised $10.6 million in a Series A round, executives tell Axios. The company had previously raised $1.9 million in an unreported seed round in February.

The big picture: The news and analysis market for high-end individual investors has been difficult to corner. While there are pricey solutions for big enterprise companies, like the Bloomberg Terminal, and free solutions for casual investors, like Google Finance, Atom execs argue that there isn't one company that truly owns the middle.

Go deeperOct 1, 2019

Sara Fischer

Vox Media acquires New York Magazine parent company

Vox Media

Vox Media, the D.C.-based digital media company that's home to several popular internet brands, like Polygon, Eater, SB Nation and others, agreed to acquire New York Media, the parent company to New York Magazine, on Tuesday in an all-stock transaction. Deal terms were not disclosed.

Why it matters: New York Media has been in the hands of a private family trust for years. Its sale underscores a growing trend of media companies consolidating either for stability, survival or growth.

Go deeperSep 25, 2019

Ursula Perano

Farewell, iTunes

Photo: Lionel Bonaventure/AFP/Getty Images

iTunes is off to the big app farm in the sky, with the latest Mac update officially shuttering the program, AP reports.

The big picture: iTunes revolutionized the way users consume music, promoting the sales of songs at often 99¢ a piece and allowing individuals to easily organize playlists on their media devices. But as music subscription services like Spotify and Apple Music crept in, iTunes began to lose its following.

Go deeperOct 7, 2019