Weekly Subscription News: Raising Money, Ransomware and Rivals
Steam bans video games selling crypto and NFTs, Sinclair TV hit with ransomware, Spotify & Pandora attract most U.S. audio listeners.
Five on Friday: Hip Hop, Book Clubs and Black Friday Deals
Netflix launches Book Club, Spotify opens waitlist for the "car thing," Walmart announces early Black Friday deals.
Netflix Adds 4.4 Million New Members in Third Quarter
Netflix adds 4.4 million new members in Q3 2021, more than double the number of new members in Q2 2021.
Netflix to Buy Night School Studio to Expand Games Team
Netflix announced they are buying Night School Studio, the developer who created OXENFREE, to expand their games team.
Whole Foods to Impose $9.95 Fee for Grocery Delivery
After a brief test in 6 markets, Whole Foods Market plans to add a $9.95 delivery fee to grocery orders next month.
Weekly Subscription News: Football, Freebies and Frustration
Razorbacks launch subscription streaming network, JPMorgan buys majority stake in VW payments, Texas passes bill prohibiting social media censorship.
Peloton Reports Slowing Revenue Growth and Large Net Loss in Q4 FY21
Peloton concluded its fiscal year 2021 with slowing revenue growth and a net loss of $(313.2) million or $(1.05) per diluted share.
Amazon Partners with Affirm to Offer Buy-Now-Pay-Later Option
Amazon and Affirm announced they are partnering to offer buy-now-pay-later payment options to select shoppers on purchases over $50.
Amazon Reports Net Sales of $113.1B in Q2
Amazon reports net sales of $113.1B in Q2 2021, a 27% increase, including subscription revenue of $7.9B.
Five on Friday: Collectives, Coffee and Consumer Behavior
Amazon explains reviews, Amora Coffee celebrates 10 years, and Slate turns advice columns into cash.
