Discovery, Inc.’s shareholders have approved the pending acquisition of WarnerMedia. The deal is expected to close in Q2 2022.
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Top subscription stories of 2021, part 2, includes Alden Global Capital, the FTC, Discovery Inc., Meredith, Dotdash and Twitter
Discovery, Inc. added 3M subscribers to its direct-to-consumer streaming subscriber base in Q3 2021, bringing total to 20M.
In AT&T’s Q3 2021, WarnerMedia reports total revenue of $8.4B, a 14.2% increase, including subscription revenue of $4B, a 14.7% increase.
Fox Corp will buy TMZ from AT&T’s WarnerMedia in a deal valued at under $50 million.
Medium to offer writers 50% of subscriber revenue, WarnerMedia might sell TMZ to Fox, USA Today puts crossword behind paywall.
Discovery wins big with the Tokyo Olympics, growing the global entertainment company’s subscribers to more than 18 million.
Tumblr faces backlash from new subscription service, Substack acquires “Letter,” and PayPal announces super app.
Five on Friday, June 4, 2021: postal rate increases, updates on WarnerMedia and Reuters and top subscription jobs.
In the first week of June, HBO Max will launch its ad-supported tier at $9.99 a month, a 33% savings over the ad-free tier.
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