Entertainment and Streaming
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In this week’s Five on Friday, we feature influential subscription brands, acquisition news, and a special pizza-and-a-movie promotion.
Discovery is launching a new streaming video subscription service January 4 – Discovery+ – featuring the best in real-life entertainment.
HBO Max streaming service discontinues 7-day free trials, and WarnerMedia will release 2017 films in theaters and on HBO Max the same day.
FCC chairman Ajit Pai will resign Jan. 20, DOJ is looking at antitrust violations by Facebook & Google, and LinkedIn shares subscription jobs.
PayPal customers can use platform to raise 20K, BuzzFeed will buy HuffPost, and Kahoot is launching an educational game subscription service.
Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
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-owned Hulu is raising rates for their Hulu + Live TV package by $10 a month bringing the cost to $64.99, an 18% increase.
In Disney’s Q4 FY20 financials, direct-to-consumer streaming video subscription service Disney+ was the bright spot with 73.7M paid subscribers.
Spotify may launch a subscription podcast service, Gannett hits 1M digital subscribers, TripAdvisor launches first subscription plan for travelers.
