Five on Friday, Nov. 27, 2020: Subscription Codes, Audio Ads and Instagram Upgrades

Five on Friday: Subscription Offer Codes, Audio Ads and Instagram Upgrades

Gumroad launches monthly memberships, developers can now use subscription codes in their apps on Apple, and YouTube launches audio ads.
Apple Reports Record Revenue of $64.7B in Q4 FY20

Apple Reduces App Store Commission to 15% for Small Businesses

Apple announced that the company is reducing its App Store commission from 30% to 15% for small businesses earning less than $1M per year.

Subscription Compliance Alert: New NY Auto-Renewal Law

New York has enacted a new auto-renewal law, NY S1475A, that covers sales to consumers of auto-renewing or continuous service offers.
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Five on Friday, Nov. 13, 2020: WiFi Subscriptions, Revenue Drops and Restructuring

Five on Friday: WiFi Subscriptions, Credit Scores and Restructuring

Planet Fitness announces a digital-only subscription, Epic Games considers subscriptions, and Experian to include subscription payments in credit scores.
IPSY Buys Beauty Box Subscription Company BoxyCharm

IPSY Buys Beauty Box Subscription Company BoxyCharm

Beauty box company IPSY is acquiring beauty box subscription service BoxyCharm. Together the companies will form Beauty for All Industries.
Nestlé Acquires Meal Subscription Service Freshly for $950M

Nestlé Acquires Meal Subscription Service Freshly for $950M

Nestlé is acquiring meal subscription service Freshly for $950 M with the potential for an additional payout of $550 M based on growth.
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Payments Processors Play a Key Role in High-Quality ACH Payments

One important reason why electronic payments continue to gain popularity is that they’re easy and convenient. In the subscription industry, there are...
Netflix is raising prices $1 to $2 a Month for US Subscribers

Netflix Is Raising Prices $1 to $2 a Month for U.S. Subscribers

Streaming video subscription service Netflix is raising prices $1 to $2 per month for U.S. subscribers, just weeks after halting free trials.
The European Union charges Amazon with antitrust violations which could cost the company up to $28.1 billion.

Amazon’s Third Quarter Net Sales Increased 37% to $96.1 Billion

Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.
Weekly Subscription News, Nov. 28, 2020: Babies, Baking and Brands

Weekly Subscription News: Paywalls, Payments and Print

Salt Lake Trib to move to weekly print paper, GoCardless partners with Brompton's bike service for payments, ESPN puts more content behind paywall.

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