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This week’s subscription news headlines feature newspaper closures, the refill economy and raising capital.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Amazon’s Thursday Night Football missed viewership estimates by 25%, disappointing advertisers.
Amazon-owned EPIX, MGM’s premium streaming subscription service, has been rebranded as MGM+.
FlexPay and PYMNTS release a new subscription business report, Vice can’t find a buyer and Parler lays off staff.
Matt Wegner, head of global payments and risk, shares the secret behind Adobe’s recurring revenue success.
Stitch Fix is undergoing another transformation, replacing its CEO, laying off 20% of staff and closing a distribution center.
With the departure of subscription exec Peter Stern, Apple is breaking its Services division down into 3 separate divisions.
Can Mastadon replace Twitter? Meta fined $411M in EU. Three Alabama papers cease print publication in Feb.
