Revenue and Sales

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Meredith Corporation will cut 180 jobs, including 130 from its local media group which owns 17 TV stations and 50 from its magazine group.
Rent the Runway adapts their clothing subscription business model to streamline the company and meet the changing needs of today’s shoppers.
Microsoft is buying ZeniMax Media, the parent company of Bethesda Softworks, for $7.5B, bringing a new suite of games to Xbox Game Pass.
The DC Universe comic book subscription service will rebrand as DC Universe Ultimate, and will move its streaming video content to HBO Max.
Gaming growth, TikTok competitors, and publishing partnerships dominate the subscription headlines this week.
Affected by the pandemic, the popularity of meal kits grows, Disney+ could surpass Hulu by 2024, and The Atlantic adds 325K subscribers.
In its fourth quarter fiscal year 2020 financials, Peloton reported triple digit increases in fitness subscriptions, workouts and revenue.
Apple has officially announced the launch of three Apple One subscription bundles ranging in price from $14.95 to $29.95.
Xbox Game Pass announced last week that subscribers will get access to EA Play this holiday season for no additional cost.
Satellite radio company SiriusXM announced they were increasing subscriber guidance to 700,000 from the 500,000 estimate previously provided.

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