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.
Axios Launches Paid Newsletters to Support Local Journalism
Axios has launched paid memberships in 14 local markets to support their operations.
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.
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.
Chicago Sun-Times and WBEZ Explore Possible Merger
The Chicago Sun-Times and public radio station WBEZ are exploring a possible merger.
Patreon Subsidiary Memberful Adds Paid Newsletters to Membership Platform
Patreon Subsidiary Memberful adds a paid newsletter feature to its membership platform.
Weekly Subscription News: Agreements, Acquisitions and Outages
Facebook CTO apologizes for outage; Chargebee acquires RevLock; Twitch and NMPA finally reach an agreement.
Five on Friday: Direct-to-Consumer, Coffee and Crypto
Caribou Coffee launches coffee subscription program, YouTube TV and NBCUniversal reach temporary deal, and AMC Theatres expands the cryptocurrency it will accept.
Rent the Runway Confidentially Files for an IPO
Despite significant revenue and subscriber losses due to the pandemic, Rent the Runway looks to the future with a confidential IPO filing.
