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Spotify announced they will layoff 600 employees, or about 6% of employees, and make leadership changes.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
Amazon’s Thursday Night Football missed viewership estimates by 25%, disappointing advertisers.
HBO Max raises prices $1 a month for its ad-free tier and removes content that doesn’t attract new subscribers.
Amazon-owned EPIX, MGM’s premium streaming subscription service, has been rebranded as MGM+.
Recurly recovers close to $1B in subscription revenue, fuboTV raises prices, and Urban Plates slashes prices.
In a recent report, Spotify shared podcast advertising trends for 2022, including double and triple digit growth.
After 9 months of testing, Netflix has plans to end password sharing in 2023 by converting nonsubscribers.
Amazon is reportedly working on a standalone sports app for their sports programming, including Thursday Night Football.