Weekly Subscription News: Babies, Baking and Brands
PayPal customers can use platform to raise 20K, BuzzFeed will buy HuffPost, and Kahoot is launching an educational game subscription service.
Uzabase Sells Quartz to Co-Founder and CEO Zach Seward
Two years after buying business news site Quartz, Japanese firm Uzabase has sold Quartz to its co-founder and CEO Zach Seward.
AMC Theatres’ Q3 Revenue Down 91% Due to Pandemic
AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
Spotify to Buy Podcast Hosting Company Megaphone for $235 Million
Spotify is acquiring podcast hosting company Megaphone for $235 million to better serve podcast advertisers and publishers.
Online Delivery Company GoPuff Buys BevMo for $350 Million
Online delivery company GoPuff has agreed to buy adult beverage retailer BevMo for $350 million. The company was valued at $3.9B last month.
Five on Friday: Wrestling, Selling and Browsing
WWE & the WWE Network report big revenue increases, Under Armour is selling MyFitnessPal and Google One launches a VPN subscription service.
IPSY Buys Beauty Box Subscription Company BoxyCharm
Beauty box company IPSY is acquiring beauty box subscription service BoxyCharm. Together the companies will form Beauty for All Industries.
10 Ways Subscription Companies Have Adapted to the Pandemic, Part 2
In part 2, we'll look at food delivery subscription services, Google's emergeny relief fund for COVID news, pet subscriptions and more.
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Nestlé Acquires Meal Subscription Service Freshly for $950M
Nestlé is acquiring meal subscription service Freshly for $950 M with the potential for an additional payout of $550 M based on growth.
Weekly Subscription News: Comics, Content Discovery and Digital Revenue
Apple gives new iPhone buyers free subscriptions, hotels use subscriptions to lure back guests, and Morning Brew wants Business Insider to buy it.
