|Weekly News Digest
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Organizations Plan New Subscription Service
Recode reports that News Corp, The New York Times, and Axel Springer invested in Scroll, a monthly subscription service that will provide a selection of stories from a variety of publishers. It is still in the planning stages and is spearheaded by Tony Haile, former CEO of Chartbeat. “The big selling point for readers: Haile says they’ll have a better experience than the one they have now, when they read web pages clogged with crummy ads. The big selling point for publishers Haile wants to recruit: He says they’ll make more money sharing subscription revenue with him than they do with those crummy ads,” according to the article.
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