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In Disney’s Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
Planet Fitness announces a digital-only subscription, Epic Games considers subscriptions, and Experian to include subscription payments in credit scores.
ESPN is laying off 300 people, or 6% of workforce, as parent Disney focuses on its direct-to-consumer streaming video subscription services.
Spotify is acquiring podcast hosting company Megaphone for $235 million to better serve podcast advertisers and publishers.
The European Commission has charged Amazon with antitrust violations which could cost them up to 10% in annual revenue, or $28.1 billion.
Online delivery company GoPuff has agreed to buy adult beverage retailer BevMo for $350 million. The company was valued at $3.9B last month.
New York Times hits milestone with 7 million subscribers. Also digital-only subscription revenue exceeds print revenue for the first time.
Comcast has more streaming subscribers than cable subscribers, SpaceX prices Starlink satellite internet, and TikTok and Shopify partner.
WWE & the WWE Network report big revenue increases, Under Armour is selling MyFitnessPal and Google One launches a VPN subscription service.