Peloton says recalls will cost them $165M, Hearst offers buyouts to 600, FuboTV adds 43K subscribers.
YouTube has launched a $100 million fund for YouTube Shorts creators.
Circle launches beverage subscription, Verizon sells Yahoo and AOL, and Amazon's NFL deal starts a year early.
Piano shares subscription benchmarks, YouTube viewership grows, and NewsGuild urges Tribune shareholders to reject Alden's offer.
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.