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Google and Alphabet announced it would layoff 12,000 employees, with some layoffs effective immediately.
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+.