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Insiders say once-buzzy Quartz is on track to lose money again this year as it faces a subscription shortfall

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A new membership program is less than halfway toward its 2019 goal, according to insiders, who added the company is on track to lose money this year.

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

On the ad revenue side, its bread and butter, native advertising, isn't that special anymore as it's become table stakes for publishers.Click here for more Prime stories. he wanted Quartz to help NewsPicks, his news aggregation app that's little known in the US, compete with Facebook and Twitter.Ev Williams' Medium has hired a veteran publishing exec as it seeks to grow paid subscriptions, stirring speculation it's trying to take on Apple News

 

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