Online Delivery Company GoPuff Buys BevMo for $350 Million
Online delivery company GoPuff has agreed to buy adult beverage retailer BevMo for $350 million. The company was valued at $3.9B last month.
The New York Times Hits 7 Million Paid Subscribers
New York Times hits milestone with 7 million subscribers. Also digital-only subscription revenue exceeds print revenue for the first time.
Weekly Subscription News: Fraud, Ad Integration and Satellite Internet
Comcast has more streaming subscribers than cable subscribers, SpaceX prices Starlink satellite internet, and TikTok and Shopify partner.
Five on Friday: Wrestling, Selling and Browsing
WWE & the WWE Network report big revenue increases, Under Armour is selling MyFitnessPal and Google One launches a VPN subscription service.
IPSY Buys Beauty Box Subscription Company BoxyCharm
Beauty box company IPSY is acquiring beauty box subscription service BoxyCharm. Together the companies will form Beauty for All Industries.
10 Ways Subscription Companies Have Adapted to the Pandemic, Part 2
In part 2, we'll look at food delivery subscription services, Google's emergeny relief fund for COVID news, pet subscriptions and more.
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Nestlé Acquires Meal Subscription Service Freshly for $950M
Nestlé is acquiring meal subscription service Freshly for $950 M with the potential for an additional payout of $550 M based on growth.
Netflix Is Raising Prices $1 to $2 a Month for U.S. Subscribers
Streaming video subscription service Netflix is raising prices $1 to $2 per month for U.S. subscribers, just weeks after halting free trials.
Amazon’s Third Quarter Net Sales Increased 37% to $96.1 Billion
Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.
Weekly Subscription News: Paywalls, Payments and Print
Salt Lake Trib to move to weekly print paper, GoCardless partners with Brompton's bike service for payments, ESPN puts more content behind paywall.
