Business Model

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Apple reported record revenue of $81.4B in the third quarter of fiscal 2021, a 36% increase year-over-year.
Year-old streaming service Peacock continues to grow its subscriber base and advertisers, but it is losing hundreds of millions of dollars.
A-list actress Scarlett Johansson is suing Disney over the release of “Black Widow,” which they released in theaters and on Disney+ the same day.
SiriusXM announced the launch of a new subscription tier – the Platinum VIP package – a comprehensive subscription with special perks and exclusives.
Tumblr is beta-testing Tumblr Post+, a new subscription tool that helps creators monetize their work.
CNN will launch CNN+, a streaming subscription service, in early 2022. The service will feature live and on-demand content.
Netflix finishes the second quarter of 2021 with 209 million paid members, ahead of forecast.
Google has been fined $593M by France’s Competition Authority for failing to negotiate in good faith with publishers and news agencies.
Netflix plans to add video games to its streaming platform in 2022, helping the company expand reach and diversify revenue.
USA TODAY announced Wednesday that its premium content will go behind a paywall, but “much of its content” will remain free.

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