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.
The European Union charges Amazon with antitrust violations which could cost the company up to $28.1 billion.

Amazon Opens Amazon Pharmacy for Home Delivery of Prescriptions

Ecommerce giant Amazon announced the launch of Amazon Pharmacy for home delivery of prescriptions as well as a prescription savings program.
Weekly Subscription News, Nov. 28, 2020: Babies, Baking and Brands

Weekly Subscription News: Prescriptions, Predictions and Powerball Subscriptions

Amazon sells prescription drugs with 2-day delivery, Michigan Lottery sells Powerball subscriptions, and Target stops its subscription plan.
Five on Friday, November 20, 2020: Podcasts, Publishers and Monetization

Five on Friday: Podcasts, Publishers and Monetization

Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
AMC Theatres’ Q3 Revenue Down 91% Due to Pandemic

AMC Theatres’ Q3 Revenue Down 91% Due to Pandemic

AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
Costco Launches Private Aviation Membership for $17.5K

Costco Launches Private Aviation Membership for $17.5K

To offer members safe, convenient, private travel, Costco has launched a $17,500 a year private aviation membership through Wheels Up.
Disney Reports 23% Revenue Drop in Q4 FY2020

Disney Reports 23% Revenue Drop in Q4 FY2020

In Disney's Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
Weekly Subscription News, Nov. 28, 2020: Babies, Baking and Brands

Weekly Subscription News: Digital, Travel and Podcast Subscriptions

Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
ESPN to Lay Off 300 as Disney Focuses on Direct-to-Consumer Streaming Video

ESPN to Lay Off 300 as Disney Focuses on Direct-to-Consumer Streaming Video

ESPN is laying off 300 people, or 6% of workforce, as parent Disney focuses on its direct-to-consumer streaming video subscription services.

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