- 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.
maybe it is tax reasons? I know that for personal taxes you have to simply declare crypto earnings but business tax laws don’t really like grey areas.
The tax man doesn’t care if your business takes cash, card, or crypto. Income is income, whether you’re a business or a regular joe.