Google Cuts App Subscription Commissions from 30% to 15%
Google announced they will reduce app subscription commissions from 30% to 15%, effective January 1, 2022.
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.
Weekly Subscription News: Raising Money, Ransomware and Rivals
Steam bans video games selling crypto and NFTs, Sinclair TV hit with ransomware, Spotify & Pandora attract most U.S. audio listeners.
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.
FTC Fights Fake Reviews and Testimonials
The FTC is fighting back on false endorsements and fake testimonials, sending 700+ companies warning letters.
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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.
LinkedIn to Shutter Professional Networking Platform in China
Later this year, LinkedIn will shutter its professional networking platform in China and replace it with a standalone InJobs app.
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.
