Last week, IAC announced it plans to spin off video platform Vimeo. The move comes about 7 weeks after Vimeo raised $150M in equity.
This year's top subscription stories include major acquisitions, antitrust concerns, lots of layoffs, an abundance of launches and more.
Peloton announced its plan to buy Precor, a larger global fitness equipment manufacturer, in a deal valued at $420 million.
Tribune Publishing sells BestReviews for $160M, Roku and HBO Max make a deal, and BBC Studios to launch ad-free subscription service.
The Rachael Ray In Season magazine is returning to the subscription model and expanding the magazine to offer home delivery.
Last week, Google got hit with two more antitrust lawsuits, just two months after the Department of Justice filed its own antitrust lawsuit.
Winc wines grows under the power of influencers, CBS All Access adds more kids' programming and Franklin Covey's model survies the pandemic.
Gannett will outsource 485 back office jobs to India next year. Affected employees will be notified by January 15 and can stop on til April.
While credit cards are popular, real-time and alternative payments are the wave of the future. Subscription companies that adopt real-time payments will improve revenues, reduce payment churn, and burdensome payment processes.
New York State has partnered with subscription-based platform Ritual to help restaurants with free online ordering through March/April 2021.