Five on Friday: Offsets, Tests and Reposts
MoviePass announces 3 test markets, Meta plans paid features for Facebook and Instagram, Verizon partners with Apple One.
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Creator Platform Patreon Lays Off 80 Staffers
Creator platform Patreon is laying off 80 employees, representing about 17% of their workforce.
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Twitter Shareholders Approve $44B Acquisition by Elon Musk
Twitter shareholders approved the $44 billion acquisition by Elon Musk in a special meeting Tuesday.
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The Once Ad-Free Athletic Now Has Ads
The once ad-free Athletic, a subscription-based, premium sports site, now has ads.
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Two Co-Founders Resign from Peloton
Two co-founders of Peloton are leaving the company as Peloton tries to recover from a $1.2B Q4 FY22 loss.
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TIME Buys Brandcast to Help Partners Build Microsites
Global media brand TIME acquired Brandcast, a no-code platform for building visually impactful websites.
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Weekly Subscription News: Audiences, Economics and Ad-Supported Subscriptions
Barry Diller sells Match Group shares for $1.9B, Netflix’s ad-supported tier to launch in November, and Medium’s life after Ev Williams.
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Streaming Scorecard: Streaming Services Bank on Hot Content to Attract Subscribers
Streaming services are banking on hot content to attract and retain streaming subscribers. Who will reign supreme?
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Five on Friday: Pre-Approvals, Sunsetting Products and Cybersecurity Snafus
FTC orders Credit Karma to stop telling users they’re pre-approved; Meta sunsets 2 products; a cybersecurity vulnerability is found in TikTok.
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Apple to Pay $14.8M to Settle iCloud Subscription Lawsuit
Apple agrees to pay $14.8M to settle an iCloud subscription lawsuit for allegedly breaching the iCloud agreement.
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