Weekly Subscription News: IPOs, Furloughs and Licensed Songs

Featuring Walmart Plus, Volvo, fuboTV, GQ, Essence Magazine and Twitch

In this week’s subscription headlines, experts estimate that 11% of Americans have already subscribed to Walmart Plus, a new Amazon competitor; Microsoft plans to switch some of its server products to a subscription model; and Volvo’s parent company is planning to bring a car-sharing subscription service to Europe. Also, fuboTV is preparing for a $150M IPO, GQ partners with an NBA Star for its first guest-curated subscription box, and Twitch launches ‘Soundtrack,’ to make 1 million licensed songs available to streamers.

11% of Americans Have Already Subscribed to Walmart+
USA Today

Microsoft To Switch to Subscription Model for Some Server Products
Redmond Channel Partner

Volvo Parent to Bring Car-Sharing Subscription Service to Europe
Bloomberg

IPO Launch: fuboTV Prepares Terms For $150 Million IPO
TheStreet

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GQ Teams with NBA Star on First Guest-Curated Product Subscription Box
Media Post

Essence Magazine Furloughs Staff Due to COVID-19 Revenue Losses
The Daily Beast

Twitch Launches ‘Soundtrack,’ a Library of 1 Million Licensed Songs for Streamers
Tubefilter

Facebook Says Government Breakup of Instagram, WhatsApp Would Be ‘Complete Nonstarter’
Wall Street Journal