HBO Max Announces June Launch of Ad-Supported Tier
In the first week of June, HBO Max will launch its ad-supported tier at $9.99 a month, a 33% savings over the ad-free tier.
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Tribune Publishing Shareholders Approve Sale to Alden Global Capital for $633M
In a deal worth $633M, Tribune Publishing shareholders approved the sale of the media organization to hedge fund Alden Global Capital at a special shareholders’ meeting.
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Weekly Subscription News: Cooperation, Collaboration and the COVID-19 Vaccine
Parler returns to the App Store, Twitch drops subscription prices, and Uber and Lyft will provide free rides to COVID-19 vaccine sites in a deal with the White House.
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Five on Friday: Media Literacy, Podcast Revenue and Lossless Audio
Apple Music announces lossless audio, IAB said US podcast revenue will be $2B in 2023, and YouTube spends $7M to help journalists and newsrooms start their own channels.
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Why Cancellations Are a Critical Part of the Subscriber Journey
It seems counterintuitive, but providing a positive customer cancellation experience actually leads to improved customer retention.
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Zoom to Launch Zoom Events All-in-One Solution for Virtual Experiences
In anticipation of post-pandemic hybrid and virtual events, Zoom has created Zoom Events, an all-in-one solution for online meetings and events.
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AT&T to Spin Off WarnerMedia and Merge with Discovery in $43B Deal
In a $43 billion dollar deal, AT&T will spin off WarnerMedia and merge with Discovery to create a standalone global entertainment company.
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Twitter to Launch $3-a-month Subscription ‘Twitter Blue’
Twitter is reportedly testing a $3-a-month subscription service, Twitter Blue, which will include premium features.
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Three Shareholders Sue Tribune Publishing to Block the Sale to Alden Global Capital
In separate legal actions, three shareholders hope to block the sale of Tribune Publishing to Alden Global Capital.
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Disney Shows Signs of Recovery in Second Quarter Financials
After a difficult year, The Walt Disney Co. is showing signs of recovery, posting a 95% increase in net income year-over-year.
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