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Industry Announcements

Best Buy to Test $200 a Year Membership Program

Best Buy to Test $200 a Year Membership Program

Best Buy is testing a $200-a-year membership program, Best Buy Beta, in 60 stores in 6 states, starting in April.
Red Hat expands learning opportunities with premium subscriptions

Red Hat Users Can Expand Learning with Premium Subscription

Red Hat users can now expand their learning through a new offering, Red Hat Learning Subscription Premium.
Short-Term Rental Provider Mint House Launches Annual Subscriptions

Short-Term Rental Provider Mint House Launches Annual Subscriptions

Short-term rental provider Mint House, who provides rental housing to business travelers, has launched an annual subscription service for “digital nomads.”
News Corp to buy Houghton Mifflin Harcourt for $349 in cash.

News Corp to Buy Houghton Mifflin Harcourt Books & Media for $349M

News Corp announced this week that it will be Houghton Mifflin Harcourt's Books & Media division for $349 million in cash.
Medium pivots its business model yet again.

Medium Pivots Business Model Again

In a move reminiscent of MoviePass, publishing platform Medium pivots its business model again, resulting in layoffs and leadership changes.
Verizon Media Group bets big on Yahoo Plus.

Verizon Media Group Bets Big on Yahoo Plus Subscriptions

Verizon Media bets big on Yahoo Plus premium subscriptions including Mail, Finance, Protect and Fantasy.
YouTube is launching a TikTok rival, YouTube Shorts, in the U.S. in beta.

YouTube to Launch TikTok Rival ‘YouTube Shorts’ in the U.S.

Over the next few weeks, YouTube is launching a TikTok rival, YouTube Shorts, in the U.S. in beta.
Chip and Joanna Gaines launches Magnolia Candle Subscriptions

Chip and Joanna Gaines Launch Magnolia Candle Subscriptions

Chip and Joanna Gaines are expanding their popular Magnolia brand to include two new candle subscriptions, which launched last week.
Chargebee pledges $5 million in free processing to early stage startups.

Chargebee Offers Subscription Revenue Management Platform to Early Stage Startups for Free

Subscription revenue management platform Chargebee pledged $5 billion in free subscription processing to early stage startups.
Stripes Raises $600 Million, Valued at $95 Billion

Stripe Raises $600 Million, Now Valued at $95 Billion

Payments company Stripe has raised $600 million in Series H funding and is now valued at $95 billion, nearly three times its value in Sept. 2019.

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