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Facebook is considering an ad-free, subscription version of the site, according to reports in the New York Post and Bloomberg. Almost all of the company’s $41 billion in revenues last year came came from selling ads targeted with user data, and previous internal research indicated that users would not be open to a subscription option. However, things seem to be changing in the post-Cambridge Analytica world. At Facebook’s first-quarter earnings call, both CEO Mark Zuckerberg and COO Sheryl Sandberg said that while the ad-supported model allows the site to reach the most people, the idea of instituting user subscriptions is certainly on the table. Sandberg said that the company has “thought about lots of other forms of monetization including subscriptions.” But Zuckerberg noted that a subscription option would not supplant the existing ad-supported version. “There will always be a version of Facebook that is free,” he said.
“Paywalls are the only future for journalism,” Fraser Nelson, editor of British magazine The Spectator said in a March tweet, and several US publishers are following his advice. Condé Nast recently placed Vanity Fair behind a paywall, now letting readers access four articles a month before shelling out $19.99 for either a print-and-digital or a digital-only subscription. This follows the company’s February placement of content from WIRED behind a similar paywall. Bloomberg, which placed Bloomberg Businessweek behind a paywall last summer, is now looking to construct a $35-per-month barrier to the contents of Bloomberg.com. According to Business Insider, Businessweek’s paywall has driven a 45 percent increase in subscriptions through the site, and traffic to Businessweek is also up 20 percent. Nelson’s The Spectator is, not surprisingly, behind a paywall itself, charging readers £12 (about $16.25) for 12 weeks of unlimited access to its content.
The Atlantic is launching a San Francisco bureau and is bringing in Ellen Cushing as a senior editor in its technology section to help establish and lead it. The new bureau is part of an overall drive meant to boost the publication’s coverage of technology and Silicon Valley. Cushing comes to The Atlantic from BuzzFeed News, where she was an enterprise and tech editor. She led all of BuzzFeed’s enterprise reporting on sexual assault and harassment, as well as managing a team of investigative reporters. Previously, Cushing was a senior editor at San Francisco magazine and staff writer and editor at East Bay Express. In addition to the new San Francisco bureau, The Atlantic says it will grow its coverage of Hollywood and culture, and its politics and policy reporting in Washington. Earlier this year, it debuted a new family section.

Mark Zuckerberg
The Pittsburgh Post-Gazette, which has roots going back to 1786, is going out of business, the paper’s owners, Block Communications, announced on Jan. 7... GQ editor Will Welch is stepping down to take on a new Paris-based role with the musician Pharrell, who is also men’s creative director at Louis Vuitton... Semafor says it has raised $30 million on a $330 million valuation, following its first profitable year.
The Walt Disney Company and OpenAI reach an agreement that will make a set of more than 200 animated, masked and creature characters from Disney, Marvel, Pixar and Star Wars available for use by Sora, OpenAI’s short-form generative AI video platform... CBS News editor-in-chief Bari Weiss has moved Tony Dokoupil, a co-host at “CBS Mornings” since 2019, into the anchor’s chair for the “CBS Evening News,” following the departure of John Dickerson and Maurice DuBois... USA Today editor-in-chief Caren Bohan has left the paper.
Michael Kaminer, who was responsible for the Observer’s “Power List” for the past 13 years, has cut ties with the publication... The New York Times Company continues the march toward its goal of 15 million subscribers by the end of 2027... The John D. and Catherine T. MacArthur Foundation is providing more than $6 million in funding to eight organizations working to address the challenges local news and information environments face along the U.S.-Mexico border.
Conservative outlets Fox News, Newsmax and the Daily Caller are holding back from signing Pete Hegseth’s edict restricting press access in the Pentagon... CBS News sees the first executive departure of the Bari Weiss era as head of standards and practices Claudia Milne exits... Indiana University shuts down the print version of The Indiana Daily Student.
Rothschild family plans to unload 26.7 percent stake in The Economist... STAT, a digital media company that focuses the life sciences, brings back Damian Garde, who anchored its biotech newsletter and podcast from 2016 to 2024... High Times officially resumes print publication (following its 2024 shutdown) with the release of a limited-edition, collectible 50th anniversary issue. 



