Consumer Services
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WW International, formerly Weight Watchers, finished the second quarter of fiscal year 2021 with 4.9M subscribers, including 4.1M digital subscribers.
Spotify is testing a less expensive, ad-supported tier, Spotify Plus, for as low as $0.99 a month.
Video conferencing platform Zoom settled a class action privacy lawsuit for $85 million. Zoom admits no wrongdoing.
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.
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.
SiriusXM announced the launch of a new subscription tier – the Platinum VIP package – a comprehensive subscription with special perks and exclusives.
Twitter reported total Q2 revenue of $1.19 billion, a 74% increase year-over-year and an 11% increase in monetizable daily average users.
