Apple announced that the company is reducing its App Store commission from 30% to 15% for small businesses earning less than $1M per year.
Ecommerce giant Amazon announced the launch of Amazon Pharmacy for home delivery of prescriptions as well as a prescription savings program.
Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
Skift, a business intelligence company for the travel industry, adopts a subscription-first strategy to get it through the pandemic and beyond.
AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
Disney-owned Hulu is raising rates for their Hulu + Live TV package by $10 a month bringing the cost to $64.99, an 18% increase.
In Disney's Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
ESPN is laying off 300 people, or 6% of workforce, as parent Disney focuses on its direct-to-consumer streaming video subscription services.
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.