Industry Announcements
Latest
Bloomberg News is laying off 90 staff, primarily in editorial positions, to improve processes and accountability and to elevate editing.
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.
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
New Jersey Hills Media Group, home to 14 weekly newspapers, has signed an agreement with Corporation for New Jersey Local Media to become a nonprofit.
Plex is launching Plex Arcade, a retro video game subscription service featuring classic Atari games like Centipede, Avalanche and Sky Diver.
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.