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Meredith Corporation is selling its TV business for $2.7B cash to Gray Television, allowing the company to focus on digital and magazine businesses.
In its first quarter earnings report, Comcast reports that Peacock has grown to 42 million subscribers.
Amazon reports another outstanding quarter with total net sales of $108.5B, representing 44% growth year-over-year.
Roku could lose YouTube TV app, Stripe acquires TaxJar, and NPR will offer paid podcast subscriptions.
USA Today launches paywall, HBO Max to launch ad-supported tier, and Microsoft Teams grows to 145M DAUs.
Online community platform Mighty Networks raises $50 million to expand and offer opportunities to more creators.
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
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.
