Revenue and Sales

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Black Friday was a multi-billion dollar holiday for Shopify merchants. They set record sales of $2.4 billion, a 75% increase over 2019 sales.
Gumroad launches monthly memberships, developers can now use subscription codes in their apps on Apple, and YouTube launches audio ads.
Apple announced that the company is reducing its App Store commission from 30% to 15% for small businesses earning less than $1M per year.
Disney-owned Hulu is raising rates for their Hulu + Live TV package by $10 a month bringing the cost to $64.99, an 18% increase.
In Disney’s Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
Online dating is projected to grow to $1.1 billion by 2024. Learn how U.S. adults are using dating apps, what services they pay for, and
New York Times hits milestone with 7 million subscribers. Also digital-only subscription revenue exceeds print revenue for the first time.
Comcast has more streaming subscribers than cable subscribers, SpaceX prices Starlink satellite internet, and TikTok and Shopify partner.
In its fourth quarter fiscal year 2020 earnings results, Apple reported record revenue of $64.7 billion in product sales and services revenue.

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