Industry Announcements
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Subscription news: TikTok plans to sue the Trump administration, Lizzo signs a deal with Amazon Studios, and Hulu launches annual plan.
Pirated subscriptions in the US are a billion-dollar industry, Wirecutter is considering a subscription product, and Twitter limits replies.
Tribune Publishing made the decision to close the physical offices of several newsrooms, including The Daily News and the Orlando Sentinel.
The Kroger Co. announced they are expanding their Kroger Ship program to include an online marketplace of more than 500K ship-to-home items.
Last week, Facebook-owned Instagram announced the launch of its short-form video platform, Instagram Reels, a new rival for TikTok.
The Yankee Candle Company has partnered with Ordergroove, a relationship commerce provider, to create a new subscription box program.
NBCUniversal sees 25% drop in ad revenue, Glossybox launches a new subscription plan, and CBS All Access is expands content ahead of rebrand.
During Disney’s Q3 earnings call, CEO Bob Chapek announced ‘Mulan,’ the live action film, would debut on Disney Plus on Sept. 4 for $29.99.
The New York Times saw an 8.4% increase in subscription revenue in Q2 2020 due, in part, to growth of digital-only subscriptions.
After talking to President Trump, Microsoft confirms that it is considering an acquisition of TikTok in the U.S., Canada, Australia and New Zealand.
