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Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
To offer members safe, convenient, private travel, Costco has launched a $17,500 a year private aviation membership through Wheels Up.
Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
Planet Fitness announces a digital-only subscription, Epic Games considers subscriptions, and Experian to include subscription payments in credit scores.
Spotify is acquiring podcast hosting company Megaphone for $235 million to better serve podcast advertisers and publishers.
Online delivery company GoPuff has agreed to buy adult beverage retailer BevMo for $350 million. The company was valued at $3.9B last month.
Beauty box company IPSY is acquiring beauty box subscription service BoxyCharm. Together the companies will form Beauty for All Industries.
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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