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This week’s subscription news headlines feature newspaper closures, the refill economy and raising capital.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
Amazon’s Thursday Night Football missed viewership estimates by 25%, disappointing advertisers.
HBO Max raises prices $1 a month for its ad-free tier and removes content that doesn’t attract new subscribers.
FlexPay and PYMTS released key industry findings in their 2023 State of Subscription Business Report.
Amazon-owned EPIX, MGM’s premium streaming subscription service, has been rebranded as MGM+.
FlexPay and PYMNTS release a new subscription business report, Vice can’t find a buyer and Parler lays off staff.
On Jan. 30, Microsoft is launching Microsoft 365 Basic for $1.99/month for 100GB of storage with extra features.
