HBO Max Boosts Subscribers and Revenue for WarnerMedia in Q3
In AT&T's Q3 2021, WarnerMedia reports total revenue of $8.4B, a 14.2% increase, including subscription revenue of $4B, a 14.7% increase.
Five on Friday: Hip Hop, Book Clubs and Black Friday Deals
Netflix launches Book Club, Spotify opens waitlist for the "car thing," Walmart announces early Black Friday deals.
Axios Launches Paid Newsletters to Support Local Journalism
Axios has launched paid memberships in 14 local markets to support their operations.
Netflix Adds 4.4 Million New Members in Third Quarter
Netflix adds 4.4 million new members in Q3 2021, more than double the number of new members in Q2 2021.
Mindbody Announces Acquisition of ClassPass and $500M Investment
Last week, Mindbody announced its acquisition of ClassPass and a $500 million investment from Sixth Street.
Five on Friday: Eating, Expanding and Evolving
Hulu teams up with Uber Eats, Fox Nation offers discount to first responders, and HBO Max expands into Europe.
Patreon Subsidiary Memberful Adds Paid Newsletters to Membership Platform
Patreon Subsidiary Memberful adds a paid newsletter feature to its membership platform.
Walmart Becomes Exclusive Retail Hub for Netflix Merch
Netflix has partnered with Walmart on a new retail hub, showcasing exclusive items featuring favorite Netflix shows and characters.
Weekly Subscription News: Agreements, Acquisitions and Outages
Facebook CTO apologizes for outage; Chargebee acquires RevLock; Twitch and NMPA finally reach an agreement.
Five on Friday: Direct-to-Consumer, Coffee and Crypto
Caribou Coffee launches coffee subscription program, YouTube TV and NBCUniversal reach temporary deal, and AMC Theatres expands the cryptocurrency it will accept.
