premium video

• TikTok users with at least 10,000 followers can now release premium videos behind paywalls
• Refinery29 Cuts 40 Staffers Amid Move Away From Social Video Toward Premium Projects

  Last December, Refinery laid off 34 employees -- which, at the time, represented 7.5% of its workforce -- acknowledging that 2017 had been a “challenging” year across the digital media industry.

  
• Mic Raises $21 Million In Fresh Funding Amid Rollout Of 9 Content Brands

  To date, Mic has raised a total of roughly $52 million, putting its valuation in the “mid hundreds of millions” of dollars.