Industry Announcements

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Microsoft’s fiscal year 2022 is off to a strong start with revenue of $45.3 billion, driven by cloud services revenue.
Revue announced that Twitter followers can now subscribe to Revue newsletters directly through tweets.
Google announced they will reduce app subscription commissions from 30% to 15%, effective January 1, 2022.
Steam bans video games selling crypto and NFTs, Sinclair TV hit with ransomware, Spotify & Pandora attract most U.S. audio listeners.
Netflix launches Book Club, Spotify opens waitlist for the “car thing,” Walmart announces early Black Friday deals.
Car subscription service GO launches in four states and announces $41M in seed funding round.
Netflix adds 4.4 million new members in Q3 2021, more than double the number of new members in Q2 2021.
Later this year, LinkedIn will shutter its professional networking platform in China and replace it with a standalone InJobs app.
Last week, Mindbody announced its acquisition of ClassPass and a $500 million investment from Sixth Street.
Hulu teams up with Uber Eats, Fox Nation offers discount to first responders, and HBO Max expands into Europe.

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