YES Network Launches DTC Subscription for Regional Sports
The YES Network has launched a direct-to-consumer subscription service for regional sports in the New York area.
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UFC Parent Endeavor to Buy WWE in $9.3 Billion Deal
UFC parent company Endeavor will buy WWE in $9.3B deal and will combine UFC and WWE into a new company.
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Substack Seeks $2M in Crowdfunding from Readers and Writers
Newsletter platform Substack seeks $2 million from readers and writers in a crowdfunding round on Wefunder.com.
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Weekly Subscription News: Index, Innovation and Increases
Zuora’s subscription economy index outpaces the S&P 500, Gannett says it may sell off more newspapers, and Substack wants newsletter writers to invest in them.
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Five on Friday: Baseball, Billions and Big Tech
Petco and Freshpet team up, Apple will spend $1B in original content for theaters, and the latest news on TikTok.
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Disney Begins Layoffs By Cutting Top Execs
Disney begins first wave of layoffs by cutting top execs including Isaac Perlmutter of Marvel Entertainment.
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Apple Launches Buy Now Pay Later Option
Apple is jumping on the “buy now pay later” bandwagon. The company officially announced details about their Apple Pay Later in the U.S. Apple’s version of BNPL lets users split purchases into four payments over six weeks with no interest or fees. Users must be approved to use Apple Pay Later and it will be
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Twitter to Take Away Verified Status for Nonsubscribers
Twitter is making more changes, including removing “verified” status for legacy users who aren’t subscribed to Twitter Blue.
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Chewy to Cut 522 Jobs When Fulfillment Center Closes
Chewy will cut 522 jobs when they close their oldest fulfillment center in Silver Spring Township, Pennsylvania in June.
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Amazon-Owned Twitch to Lay Off 400 Staff
Interactive streaming platform Twitch will cut 400 jobs as part of Amazon’s latest round of layoffs.
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