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Big Tech’s Advertising Boom Puts Pressure on Subscriber-Focused Services

Big Tech is driving an advertising resurgence as the country emerges from a tumultuous pandemic year that saw companies hit the brakes on their usual marketing blitzes. For the second quarter of

Snap Reaches 293M Users, Revenue Sharply Increases

Snap, the parent company of Snapchat, on Thursday reported a 116 percent increase in revenue in its second quarter and a 23 percent increase in daily active users. The company made $982 million…

Snap Strikes Licensing Deal With Universal Music Group to Bring Entire Catalogue to Snapchat

Snap inked a multi-year licensing deal with Universal Music Group on Thursday that will bring the label’s entire recorded catalogue to Snapchat. Snapchat users will now be able to access…