Revenue and Sales
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In its Q1 FY21 earnings release, Microsoft reported total revenue of $37.2B, a 12% increase and net income of $15.9B, a 25% increase.
Just four months after its launch, HBO Max has attracted 8.6 million U.S. subscribers, ahead of WarnerMedia’s goal for the SVOD service.
After reporting its third quarter results, streaming audio subscription service Sirius XM increases its guidance for the full year 2020.
Apple gives new iPhone buyers free subscriptions, hotels use subscriptions to lure back guests, and Morning Brew wants Business Insider to buy it.
2Checkout’s global digital commerce benchmark study, Apple’s focus on content for Apple TV and money spent on app subscriptions
Netflix revenue increased 22.7% in Q3, but membership dropped compared to guidance provided by the streaming subscription service.
At Zoomtopia, Zoom announced the launch of OnZoom, a new online platform that allows paid Zoom users the ability to monetize events.
TIME magazine announced the launch of TIME for Kids, a new digital subscription that provides age-appropriate news for grades K-6.
Amazon Prime Day 2020 was wildly successful, raising $3.5B for third-party sellers, most of which are small or medium businesses.
Disney is doubling down on its D2C streaming video success with a strategic reorganization of its media and entertainment businesses.