Intuit has to pay $141M to ‘unfairly charged’ customers; YouTube Go to shut down in Aug.; gamers can play Fortnite on their phones
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Entertainment and Streaming
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Twitch may reduce creator subscription revenue, Telegram tests paid products and Elon Musk seeks external funding for Twitter.
Discovery+ premium subscriptions are now available on The Roku Channel, starting at $4.99 a month.
Disney reported 23% revenue growth for Q2 FY22 despite a $1B charge for early termination of a content licensing agreement.
Netflix shareholders are suing the streaming giant for missing subscriber projections and dramatically decreased stock value.
Telegram is testing paid features; American Banker launches a premium subscription; Facebook pulls the plug on podcasting.
Apple’s self service repair program, Roku’s quarterly results and Sony’s subscription stacking loophope
Meta opens first retail store, Reddit launches community funds program with $1M, Snapchat is booming.
WhatsApp enters the subscription market, Quartz drops paywall, EU approves Digital Services Act.
Spotify reports a strong first quarter driven by double-digit growth in MAUs and premium subscribers.
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