Industry Announcements
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Last year, as the pandemic marched on, Apple’s App store grossed more than $64 billion in sales, beating gross sales for 2019 and 2018.
After putting the program on ice last year, Coca-Cola has relaunched its ‘Insiders Club’ soda subscription for a six-month pilot.
In December, Alden Global Capital made a preliminary proposal to buy Tribune Publishing for $520 million and take the company private.
WW, formerly Weight Watchers, kicks off 2021 with its new Digital 360 subscription, an app with coaching, exclusive content and experiences.
Amazon Music is upping its podcast game by acquiring podcast publisher Wondery, growing the company’s content library exponentially.
A retired NBA player buys Ebony magazine, WaPo says Google is hurting local news, and a Chicago eatery launches gelato pint subscriptions.
Last week, IAC announced it plans to spin off video platform Vimeo. The move comes about 7 weeks after Vimeo raised $150M in equity.
Peloton announced its plan to buy Precor, a larger global fitness equipment manufacturer, in a deal valued at $420 million.
Tribune Publishing sells BestReviews for $160M, Roku and HBO Max make a deal, and BBC Studios to launch ad-free subscription service.
Subscription box startup BarkBox filed for an IPO thru a merger with a special purpose acquisition company. The company is valued at $1.6B.