Business Model
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Spotify is testing a less expensive, ad-supported tier, Spotify Plus, for as low as $0.99 a month.
Pearson is getting into the subscription game with its new Pearson+ textbook subscription service, starting at $9.99 a month.
Tumblr faces backlash from new subscription service, Substack acquires “Letter,” and PayPal announces super app.
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.