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Amazon reports net sales of $113.1B in Q2 2021, a 27% increase, including subscription revenue of $7.9B.
Year-old streaming service Peacock continues to grow its subscriber base and advertisers, but it is losing hundreds of millions of dollars.
A-list actress Scarlett Johansson is suing Disney over the release of “Black Widow,” which they released in theaters and on Disney+ the same day.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
Gannett is in the NFT business, Clubhouse is no longer an invitation-only club, Warner Bros will produce 10 films just for HBO Max next year.
Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
Microsoft finished fiscal year 2021 strong, driven by double-digit growth in cloud services.
SiriusXM announced the launch of a new subscription tier – the Platinum VIP package – a comprehensive subscription with special perks and exclusives.
