Business Model

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In the first week of June, HBO Max will launch its ad-supported tier at $9.99 a month, a 33% savings over the ad-free tier.
Apple Music announces lossless audio, IAB said US podcast revenue will be $2B in 2023, and YouTube spends $7M to help journalists and newsrooms start
In a $43 billion dollar deal, AT&T will spin off WarnerMedia and merge with Discovery to create a standalone global entertainment company.
After a difficult year, The Walt Disney Co. is showing signs of recovery, posting a 95% increase in net income year-over-year.
Biotech mogul says papers need govt. aid, Tripadvisor seeks credit card partners, Ericsson launches subscription service for remote offices.
Though Gannett touts a strong first quarter, the media organization posted decreased revenue and a $142.3 million net loss.
Circle launches beverage subscription, Verizon sells Yahoo and AOL, and Amazon’s NFL deal starts a year early.
Starting in May, Apple is launching Apple Podcasts Subscriptions, a global marketplace for premium podcasts.
Reuters News is the latest media organization to go the route of the metered paywall at a cost of $34.99 a month.

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