Direct-to-Consumer
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Peacock makes bid for WWE Raw; Kroger launches grocery delivery service; Microsoft Teams joins the metaverse.
Peloton stock took a major hit last week after the company reports its first quarter financials for fiscal year 2022.
Rent the Runway begins to rebound; Roku, Google and YouTube duke it out; and Snapchat adds NBCUniversal audio clips to platform.
Discovery, Inc. added 3M subscribers to its direct-to-consumer streaming subscriber base in Q3 2021, bringing total to 20M.
Google announced they will reduce app subscription commissions from 30% to 15%, effective January 1, 2022.
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.
Car subscription service GO launches in four states and announces $41M in seed funding round.
Hulu teams up with Uber Eats, Fox Nation offers discount to first responders, and HBO Max expands into Europe.
Caribou Coffee launches coffee subscription program, YouTube TV and NBCUniversal reach temporary deal, and AMC Theatres expands the cryptocurrency it will accept.
Despite significant revenue and subscriber losses due to the pandemic, Rent the Runway looks to the future with a confidential IPO filing.
