Black Friday was a multi-billion dollar holiday for Shopify merchants. They set record sales of $2.4 billion, a 75% increase over 2019 sales.
AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
Disney-owned Hulu is raising rates for their Hulu + Live TV package by $10 a month bringing the cost to $64.99, an 18% increase.
New York Times hits milestone with 7 million subscribers. Also digital-only subscription revenue exceeds print revenue for the first time.
WWE & the WWE Network report big revenue increases, Under Armour is selling MyFitnessPal and Google One launches a VPN subscription service.
In its fourth quarter fiscal year 2020 earnings results, Apple reported record revenue of $64.7 billion in product sales and services revenue.
Streaming video subscription service Netflix is raising prices $1 to $2 per month for U.S. subscribers, just weeks after halting free trials.
Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.
In its Q1 FY21 earnings release, Microsoft reported total revenue of $37.2B, a 12% increase and net income of $15.9B, a 25% increase.
Just four months after its launch, HBO Max has attracted 8.6 million U.S. subscribers, ahead of WarnerMedia's goal for the SVOD service.