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YouTube tests ‘Premium Lite’ subscription for cheaper ad-free viewing, Walmart offers subscriptions through Adobe partnership, The Guardian plans to hit 2M subscribers by 2022.
Apple reported record revenue of $81.4B in the third quarter of fiscal 2021, a 36% increase year-over-year.
Amazon reports net sales of $113.1B in Q2 2021, a 27% increase, including subscription revenue of $7.9B.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
Gannett is in the NFT business, Clubhouse is no longer an invitation-only club, Warner Bros will produce 10 films just for HBO Max next year.
Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
Microsoft finished fiscal year 2021 strong, driven by double-digit growth in cloud services.
Twitter reported total Q2 revenue of $1.19 billion, a 74% increase year-over-year and an 11% increase in monetizable daily average users.
Yesterday, Microsoft announced the launch of Windows 365, a secure, versatile cloud-based operating system, available to businesses on Aug. 2, 2021.
YouTube TV adds new features for $20 a month; Amazon offers 6 mos. of Disney+ to new Amazon Music Unlimited subscribers, and Facebook files $36M
