Google to cut subscription app subscriptions from 30% to 15%.

Google Cuts App Subscription Commissions from 30% to 15%

Google announced they will reduce app subscription commissions from 30% to 15%, effective January 1, 2022.

HBO Max Boosts Subscribers and Revenue for WarnerMedia in Q3

In AT&T's Q3 2021, WarnerMedia reports total revenue of $8.4B, a 14.2% increase, including subscription revenue of $4B, a 14.7% increase.
Five on Friday: Hip Hop, Book Clubs and Black Friday Deals

Five on Friday: Hip Hop, Book Clubs and Black Friday Deals

Netflix launches Book Club, Spotify opens waitlist for the "car thing," Walmart announces early Black Friday deals.
GO Launches Car Subscription Service, Raises $41M in Seed Funding

Car Subscription Service GO Launches, Raises $41M in Seed Round

Car subscription service GO launches in four states and announces $41M in seed funding round.
FTC fights back on fake reviews and testimonials.

FTC Fights Fake Reviews and Testimonials

The FTC is fighting back on false endorsements and fake testimonials, sending 700+ companies warning letters.
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Mindbody announces acquisition of ClassPass and $500M investment

Mindbody Announces Acquisition of ClassPass and $500M Investment

Last week, Mindbody announced its acquisition of ClassPass and a $500 million investment from Sixth Street.
Amazon-Owned Twitch Is the Victim of 125GB Data Breach

Amazon-Owned Twitch Is the Victim of 125GB Data Breach

Last Wednesday live streaming service Twitch was hacked, leaking a 125GB torrent including creator payout data.
American Express and Extend partner to offer virtual payment solutions

American Express Adds Subscription-Based Benefits for U.S. Platinum Cardholders

American Express adds new subscription-based benefits for U.S. platinum cardholders.
Weekly Subscription News: Raising Money, Ransomware and Rivals

Weekly Subscription News: Agreements, Acquisitions and Outages

Facebook CTO apologizes for outage; Chargebee acquires RevLock; Twitch and NMPA finally reach an agreement.
Five on Friday Oct 8 2021

Five on Friday: Direct-to-Consumer, Coffee and Crypto

Caribou Coffee launches coffee subscription program, YouTube TV and NBCUniversal reach temporary deal, and AMC Theatres expands the cryptocurrency it will accept.

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