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🥂 “0% alcohol… for $119” — Taittinger's non-alc champagne. Toyota’s e-Air Taxi. CNN’s paywall plan.
Oct 3, 2024
Would you shell out $119 for a bottle of alcohol-free champagne? Louis Vuitton thinks it's a good idea! Toyota is diving into air mobility with a whopping $1 billion investment in electric air taxis, aiming to reduce waste. CNN and Reuters are shaking things up by introducing paywalls, following in the footsteps of successful subscription models. And in a quirky twist, the top-selling perfume now has a scent that mirrors your body's natural pheromones. Who knew luxury and innovation could be so intriguing?
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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