Entertainment and Streaming

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Disney begins first wave of layoffs by cutting top execs including Isaac Perlmutter of Marvel Entertainment.
Interactive streaming platform Twitch will cut 400 jobs as part of Amazon’s latest round of layoffs.
Epic Games is letting developers self-publish games, YouTube TV is raising prices, Subway brings back the Footlong Pass.
Short-form video app TikTok is going on the offensive, trying to garner support from TikTok influencers.
Apple announces launch of Apple Music Classical, Hulu celebrates 15 years, and Meta pauses Reels bonuses.
The rise and fall of Birchbox, Woom offers subscriptions for the workplace, and Pinterest tests a premium video ad format.
In their annual Loud & Clear report, Spotify reveals they pay out 70% of every dollar to the music industry.
Satellite radio company SiriusXM will lay off 475 employees, or 8% of their workforce, for the company’s long-term health and profitability.
Panera is expanding its Unlimited Sip Club subscription, Netflix slashes prices in 100 markets, and the EU and Canada are banning TikTok on govt. devices.
Lee Enterprises forces furloughs, Twitter’s ad spend drops drastically, NFL Sunday Ticket may offer a cheaper option.

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