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 is spreading its wings with the $100 million acquisition of the Travel + Leisure magazine and brand from Meredith.
Amazon Permanently Shuts Down Prime Pantry
After initially pausing Prime Pantry during the pandemic, Amazon has permanently shut down its Prime Pantry delivery service.
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 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 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 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
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 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
This year's top subscription stories include major acquisitions, antitrust concerns, lots of layoffs, an abundance of launches and more.
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