- Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
- The decision was influenced by broader industry trends and the publisher’s focus on working with advertisers and leveraging its brand equity in other ventures.
- Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.
As someone who’s accepted crypto as payment for about 10 years now, it really isn’t. Income is income to the IRS. You pay taxes on the value of the crypto you received as payment, full stop. It really doesn’t matter what you accept as payment. Could be crypto, could be russet potatos.