Weekly Subscription News: Babies, Baking and Brands
PayPal customers can use platform to raise 20K, BuzzFeed will buy HuffPost, and Kahoot is launching an educational game subscription service.
Five on Friday: Podcasts, Publishers and Monetization
Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
AMC Theatres’ Q3 Revenue Down 91% Due to Pandemic
AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
Disney Raises Price of Hulu + Live TV by $10 a Month
Disney-owned Hulu is raising rates for their Hulu + Live TV package by $10 a month bringing the cost to $64.99, an 18% increase.
Disney Reports 23% Revenue Drop in Q4 FY2020
In Disney's Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
Weekly Subscription News: Digital, Travel and Podcast Subscriptions
Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
ESPN to Lay Off 300 as Disney Focuses on Direct-to-Consumer Streaming Video
ESPN is laying off 300 people, or 6% of workforce, as parent Disney focuses on its direct-to-consumer streaming video subscription services.
Spotify to Buy Podcast Hosting Company Megaphone for $235 Million
Spotify is acquiring podcast hosting company Megaphone for $235 million to better serve podcast advertisers and publishers.
Weekly Subscription News: Fraud, Ad Integration and Satellite Internet
Comcast has more streaming subscribers than cable subscribers, SpaceX prices Starlink satellite internet, and TikTok and Shopify partner.
Five on Friday: Wrestling, Selling and Browsing
WWE & the WWE Network report big revenue increases, Under Armour is selling MyFitnessPal and Google One launches a VPN subscription service.
