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Proposed regulations, the restaurant industry and affiliate revenue all made the subscription headlines this week.
FIS sells a majority stake of Worldpay to private equity firm GTCR for $18.5 billion, a loss from its 2019 valuation.
Hearst lays off 41 union employees, Peacock raises prices and AP partners with OpenAI.
Microsoft’s stock dipped this week after the company reported their fourth quarter financials for fiscal year 2023.
Spotify is raising its premium subscription prices $1 to $2 a month, depending on the plan.
This weekend, Elon Musk and Twitter CEO Linda Yaccarino announced the platform has been rebranded as X.
FTC Secretary Tabor signed an order last week withdrawing the agency’s case against Microsoft and Activision Blizzard.
Open AI to give $5M to local news to experiment with AI, TikTok expands music subscription, more than 17K media jobs cut this year so
Despite modest revenue growth, Netflix reported 5.9M net net subscribers for Q2, 3 times growth in Q1.
Washington Post partners with Verizon, Amazon makes job cuts in the pharmacy division, and Xbox brings back $1 intro pricing.

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