Roku Reports Record Streaming Growth in 2020

Ad-Supported Platform Roku Buys Quibi Content

Roku, an ad-supported platform for streaming video, confirmed its purchase of the global rights of Quibi's short-form video content.
Wyndham Destinations Buys Travel + Leisure from Meredith for $100M

Wyndham Destinations Buys Travel + Leisure from Meredith for $100M

Wyndham Destinations is spreading its wings with the $100 million acquisition of the Travel + Leisure magazine and brand from Meredith.
Amazon Sales Grew 38% in 2020, Jeff Bezos to Step Down from CEO Role in Q3

Amazon Permanently Shuts Down Prime Pantry

After initially pausing Prime Pantry during the pandemic, Amazon has permanently shut down its Prime Pantry delivery service.
Despite COVID-19, Apple reports record Services revenue for FY2020 Q2.

Apple’s App Store Gross Sales Topped $64 Billion in 2020

Last year, as the pandemic marched on, Apple's App store grossed more than $64 billion in sales, beating gross sales for 2019 and 2018.
Coca-Cola Relaunches 'Insiders Club' Soda Subscription

Coca-Cola Relaunches Soda Subscription

After putting the program on ice last year, Coca-Cola has relaunched its 'Insiders Club' soda subscription for a six-month pilot.
Alden Global Capital makes $520 million proposal to buy Tribune Publishing.

Alden Global Capital Offers $520 Million to Buy Tribune Publishing

In December, Alden Global Capital made a preliminary proposal to buy Tribune Publishing for $520 million and take the company private.
Amazon plans to acquire podcast publisher Wondery, growing its content library exponentially.

Amazon Music Acquires Podcast Publisher Wondery

Amazon Music is upping its podcast game by acquiring podcast publisher Wondery, growing the company's content library exponentially.
Salt Lake Tribune moves to weekly print edition in 2021.

Salt Lake Tribune Moves to Weekly Print Edition

New Year's Eve marked the end of an era for the Salt Lake Tribune. Tribune subscribers will now get a weekly newspaper instead of a daily one.
IAC plans to spin off video platform Vimeo, which is now valued at $2.75 billion.

IAC to Spin Off Video Platform Vimeo

Last week, IAC announced it plans to spin off video platform Vimeo. The move comes about 7 weeks after Vimeo raised $150M in equity.
Top Subscription Stories of 2020

Top Subscription Stories of 2020

This year's top subscription stories include major acquisitions, antitrust concerns, lots of layoffs, an abundance of launches and more.
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