Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

Snapchat is testing a feature that would allow users to share Snapchat content that is not their own off of the platform, sources tell Axios.

Why it matters: The company had previously announced a push to get users to share "Stories" outside of its app. It's now taking that a step further by allowing users to easily share content that was previously proprietary to Snapchat off of the app, like original shows, content from its Discover partners and celebrity Snapchats.

Details: The update will allow Snapchat users to share "Snap Originals," "Shows" and "Publisher Stories" with their friends off the platform using easily shareable links.

  • Snapchat users can also share "Our Stories," photos and videos submitted from different Snapchatters within a certain community that are collected and categorized by Snapchat. These types of "Stories" can be especially newsy during breaking news events, like hurricanes or protests.
  • The links, when shared via other social media sites, iMessage, email or elsewhere, will take users back to watch the videos in the Snapchat app or to a web or mobile web-viewing experience, according to a source familiar with the plans.
  • All content will continue to be hosted on Snap’s own servers and streamed through Snap’s online media player.
  • A Snapchat spokesperson confirmed the experiment, telling Axios: "We’re always exploring ways to make it even easier to view Snapchat’s engaging and topical content and share it with your friends."

Snapchat is also testing a rebrand of its personalized content feed called "For You," according to a source familiar with the plans.

  • The new feed will be called "Spotlight," and will feature content from Snap creators, curated Snapchat stories and premium content, including "Discover" shows and "Publisher Stories."
  • Users will have the option to submit their best Snaps to the new "Spotlight" feed, just as they can post their Snaps today for consideration into Snapchat's "Our Story" community feed.
  • Any Snaps submitted to "Spotlight" are reviewed by Snapchat for approval.

The big picture: Both new tests are part of efforts to expand Snapchat's audience.

  • Snapchat now has 238 million daily active users — up 35 million, or 17% year-over-year — thanks in large part to the pandemic forcing more people to stay inside and use their phones.
  • The number of Snapchat users watching "Shows" on Snapchat increased by more than 45% year-over-year last quarter.
  • While Snapchat has successfully been growing its audience, it still remains much smaller than rivals like Instagram and Facebook.

Go deeper: Snapchat to push user content outside app

Go deeper

Nov 24, 2020 - Economy & Business

Trump bump: NYT and WaPo digital subscriptions tripled since 2016

Data: Axios reporting and public filings; Chart: Axios Visuals

The New York Times and The Washington Post have very different strategies for building the subscription news company of the future.

The big picture: Sources tell Axios that the Post is nearing 3 million digital subscribers, a 50% year-over-year growth in subscriptions and more than 3x the number of digital-only subscribers it had in 2016. The New York Times now has more than 6 million digital-only subscribers, nearly 3x its number from 2016.

Philanthropy Deep Dive

Illustration: Aïda Amer/Axios

A look at how philanthropy is evolving (and why Dolly Parton deserves a Medal of Freedom).

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci says he accepted Biden's offer to be chief medical adviser "on the spot" — The recovery needs rocket fuel.
  2. Economy: U.S. economy adds 245,000 jobs in November as recovery slows — America's hidden depression: K-shaped recovery threatens Biden administration.
  3. Education: Devos extends federal student loan relief to Jan. 31
  4. States: New Mexico to allow hospitals to ration coronavirus medical care
  5. Vaccine: What vaccine trials still need to do.
  6. World: UN warns "2021 is literally going to be catastrophic"
  7. 🎧 Podcast: Former FDA chief Rob Califf on the vaccine approval process.