Netflix has recorded a booming Q2 with 10.2M new subscribers, beating its projected estimates of 7.5M. With much of the credit going to Shelter in Place orders, the streaming company is anticipating a ramp down in the coming months.
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Lemonade, the insurance company powered by AI and behavioral economics, launched their previously announced Product line addition Pet Insurance today. With nearly 70% of its customer base having pets, a small fraction [~1-2% according to Lemonade CEO, Daniel Schreriber] of all US pet owners have insurance.
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VaynerSports finally enters the gaming and esports space with the announcement of VaynerGaming. The new division will focus on esports athletes and gaming personalities, and leaves room for potential expansions into other traditional sports representation.
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SiriusXM is set to acquire Stitcher for $325M. The company will now have the largest addressable audience in the US for digital audio, including music, sports, talk and podcasts, covering 150 million listeners — according to Stitcher.
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