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Bloomberg Media reports record traffic and 135% revenue growth in 2020. As a result, CEO Justin Smith has set ambitious goals for 2021.
Uber buys alcohol delivery service Drizly for $1.1 billion in a stock and cash deal, further expanding Uber’s revenue and service mix.
HubSpot, a marketing software and CRM company, is acquiring media startup The Hustle in a deal estimated to be worth $27 million.
The New York Times’ Digital-Only Subscription Revenue outpaces print subscription revenue in the fourth quarter and full year 2020.
HD Media sues Facebook & Google for ad dominance, AMC Theatres raises $917 million to keep going, and Vimeo is valued at over $5 billion.
Amazon reported its Q4 and full year 2020 financials, with 38% growth in net sales for the year. Also, Jeff Bezos will step down in
Cloud services fuel Microsoft’s FY21 Q2 revenue growth, giving the company double-digital revenue growth in all 3 business segments.
Yesterday Twitter announced their acquisition of Revue, a tool that helps writers and creators monetize content through paid newsletters.
American Airlines is getting into the wine business, offering a premium wine subscription that combines premium wines with airline miles.
Fifteen hours after announcing a subscription price hike for Xbox Live Gold, Microsoft reversed its decision because of customer backlash.

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