AMC Theatres reported total revenue of $119.5M in the third quarter of 2020, a 91% decrease, due primarily to COVID-related theatre closures.
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TIME magazine announced the launch of TIME for Kids, a new digital subscription that provides age-appropriate news for grades K-6.
In a highly unusual quarter, Amazon reports net sales of $88.9 billion, a 40% increase year-over-year. Online grocery sales tripled during the quarter.
The founders of SoundCloud are launching Dance, an electric bike subscription service, in Berlin. For a flat monthly fee, subscribers get their own
To try to cut costs, McClatchy announced that it will close seven of its newspaper locations with the intent of opening new locations in
Google announced it will provide funding for more than 5,300 small & medium-sized local newsrooms from its Journalism Emergency Relief Fund.
In its third quarter earnings report, Meredith Corp reports a 6% reduction in revenue due to portfolio changes and COVID-19 impacts.
Magazine publisher Condé Nast and digital news outlet BuzzFeed announced additional layoffs, furloughs and cost cutting measures due to the pandemic.
In its first full quarter earnings report since the merger, Gannett Co., Inc. reports a net loss of $80.2 million and strong revenue &
Teladoc sees double-digit growth in revenue and visits during the first quarter of 2020.
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