The Best One Yet
🥂 “0% alcohol… for $119” — Taittinger's non-alc champagne. Toyota’s e-Air Taxi. CNN’s paywall plan.
Oct 3, 2024
Would you splurge $119 on non-alcoholic champagne? Louis Vuitton thinks so! Meanwhile, Toyota is investing nearly a billion dollars into electric air taxis, aiming to eliminate waste in their production. CNN and Reuters are introducing paywalls to boost their subscription models. Plus, there's a trendy new perfume scent that mimics your own body chemistry. Get ready for luxury innovations and corporate strategies reshaping the market!
20:38
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Quick takeaways
- CNN and Reuters are adapting to digital challenges by implementing paywalls to monetize their online news content, a move reflecting industry trends.
- Toyota's substantial investment in an electric air taxi startup highlights its commitment to innovative transportation and reducing urban congestion through aerial solutions.
Deep dives
CNN and Reuters Introduce Paywalls
CNN and Reuters are implementing paywalls on their websites, a significant shift in the news industry. CNN aims to monetize the 159 million monthly visitors to its site by charging $4 per month after a certain number of free articles. The strategy is to segment users, allowing casual readers to access articles for free through ads while charging daily visitors a subscription fee. This approach mirrors successful models used by sources like the New York Times and Bloomberg, representing a strategic pivot as traditional news outlets adapt to changing consumption patterns.
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