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.
A judge shuts down Locast, YouTube tries podcasting, and Zoom reveals new features at Zoomtopia 2021.
Substack is acquiring Cocoon, a subscription-based social app. Cocoon will remain independent.
Disney's direct-to-consumer streaming subscriber services have grown to nearly 174 million subscribers worldwide.
Netflix plans to add video games to its streaming platform in 2022, helping the company expand reach and diversify revenue.
D2C has taken on a complete life and infrastructure of its own. It’s not just the “mom and pop” stores that are selling directly to consumers, like in the early eBay days. Now, even the biggest brands with global retail distribution networks are trying out the direct-to-consumer route.
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.
In a $43 billion dollar deal, AT&T will spin off WarnerMedia and merge with Discovery to create a standalone global entertainment company.