Subscription Company Updates: Jukely, NY Times, Tinder and more

Each weekday we cover subscription companies to bring you the latest news on launches, financials, marketing tactics, and more. Here are some updates and

Each weekday we cover subscription companies to bring you the latest news on launches, financials, marketing tactics, and more. Here are some updates and hot new headlines from subscription companies we’ve covered in the past.LinkedIn Q1: Revenue beats street but week outlook sends stocks plunging (ZDNet)After LinkedIn reported a $43 million net loss for the first quarter, stock prices dropped 25%. In spite of that, LinkedIn had good news to share including a 28% year-over-year increase in premium subscription revenue, totaling $122 million. Click here to read our March 16, 2015 LinkedIn post.Music Startup Jukely Raises $8 Million to Expand Concert Subscription Service (TechCrunch)Jukely, a monthly concert subscription startup, launched in 2013, and has already expanded to 10 cities, giving members unlimited access to local concerts. To keep up the momentum, Jukely raised $8 million in a seed funding extension round that will allow the company to expand into 20 more cities by doubling its staff and growing its marketing efforts. Click here to read our March 11, 2015 Jukely post.The New York Times Reports a $14 Million Loss in Q1 (New York Times)The New York Times announced a $14 million net loss for Q1 of 2015, due to a pension settlement and a drop in print advertising. In spite of the dire financial results, The Times added 47,000 new digital subscribers, a 20% increase over Q1 of 2014 and its strongest quarter for subscriptions since Q4 of 2012. Click here to read our February 3, 2015 post on The New York Times.Tinder Plus Subscription Service Grows Revenue for Dating App (TechCrunch)Following the addition of its subscription service, Tinder Plus, Tinder moved up six spots on Google Play’s revenue rankings and from #969 to #26 on iOS the day of its launch. The company also reported that its renewal rates are higher than similar products. Click here to read our February 10, 2015 post about Tinder.Investors are Cranky about WWE Subscription Numbers, So May Is Also Free (Uproxx)Despite positive Q1 earnings and more than 1.3 million subscribers, investors are griping that the WWE Network’s subscription numbers didn’t meet their expectations. To appease Wall Street, the network is offering the month of May for free, hoping to attract and retain new subscribers. Click here for our March 31, 2015 post about the WWE Network.   

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