Spotify is launching podcast subscriptions soon but, unlike Apple, it will not take a cut of the revenue.
Last week, WWE reported its first quarter financials. With most of its events shut down last year, Peacock turned out to be a much-need bright spot.
Starting in May, Apple is launching Apple Podcasts Subscriptions, a global marketplace for premium podcasts.
Following a strong 2020, Netflix reported revenue of $7.2 billion, a 24.2% increase, and record operating margin and income.
The Federal Trade Commission is hosting a virtual workshop on April 29th to examine digital “dark patterns” to examine what dark patterns are and how they impact or trick consumers and the marketplace into making unwanted or extra purchases online.
Microsoft might buy Discord, Cinedigm grows viewership by 208% year-over-year, and YouTube TV tries to grow base with big discounts.
After raising $155M in Series F funding, Patreon announced a valuation of $4B, three times the company's valuation six months ago.
Ad wraps for bookazines, new funding for Substack and FCC rules on media cross-ownership are all in the weekly subscription news this week.
Making the subscription news headlines this week are merger talks, advertising platforms, job cuts and the weirdness of pandemic dating.
News Corp announced this week that it will be Houghton Mifflin Harcourt's Books & Media division for $349 million in cash.