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Dana E. Neuts

Dana Neuts is Subscription Insider's Editorial Director, covering our daily subscription news as well as member features, case studies, premium content, and reports. Dana is also a writer, editor, marketer and communications professional. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!

Dana E. Neuts

Meredith Corp Reports Decrease in Revenue and Earnings in Q1 FY2020

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Consumer Services, FInance, Magazines, News, Product Development, Revenue and Sales, Subscription Business Marketing /

Meredith Corp (NYSE: MDP) reported decreases in revenue and earnings for the first quarter of its fiscal year 2020 for the period ended September 30, 2019. Total company revenues from continuing operations were $725 million, compared to $774 million for the same period last year. The prior year period, however, included $33 million in high-margin political advertising for the Local Media Group, which the company did not have this year. Earnings from continuing operations were $12 million, down from $16 million for the same period last year.

Meredith Corp Reports Decrease in Revenue and Earnings in Q1 FY2020 Read More »

Google to Buy Fitbit for $2.1 Billion in All Cash Deal

Auto-renew Subscription, Business Operations, Business Services, Consumer Services, Mergers and Acquisitions, News, Revenue and Sales, SaaS and Cloud Services /

Google (NASDAQ: GOOGL) is getting into the fitness wearables business. The technology giant announced last week that it is buying Fitbit (NYSE: FIT) at $7.35 per share in an all-cash worth approximately $2.1 billion. The deal is expected to close next year, subject to regulatory approval, approval by Fitbit stockholders and standard closing conditions.

Google to Buy Fitbit for $2.1 Billion in All Cash Deal Read More »

IRS Grants Salt Lake Tribunes Request to Become a Nonprofit

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Six months ago, in an unprecedented move for a legacy newspaper, the 148-year-old Salt Lake Tribune applied for nonprofit status with the Internal Revenue Service. In doing so, owner Paul Huntsman agreed to turn over ownership of the newspaper to a public board of directors. On October 29, the IRS approved the newspapers request for 501(c)(3) nonprofit status, making it possible for supporters to make tax deductible donations to support the newspapers work. The approval, which came sooner than expected, is the first time the IRS has granted nonprofit status to a daily newspaper.

IRS Grants Salt Lake Tribunes Request to Become a Nonprofit Read More »

Weekly Subscription News: iPhones, Earnings and EA Access

Business Services, Business Strategy, Consumer Services, Entertainment and Streaming, Industry Announcements, News, Payment Processing, Product Development, Subscription Gaming, Technology /

This has been an amazing week as we held our first three-day Subscription Show. That didnt stop the subscription news world though. Here are some of the latest subscription headlines: Sprout Social files to go public, Apple hinted at a subscription-based iPhone, and Zuoras stock is lacking. Also in the news, EA games are returning to stream, NBC might offer Peacock free, and Netflix is getting into the podcasting business.

Weekly Subscription News: iPhones, Earnings and EA Access Read More »

illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Ad Revenue, File Transfer and Social Media Tips

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This week was nothing short of amazing, as we wrap up our very first Subscription Show. Thanks to our sponsors, keynotes, speakers, vendors and attendees for making this conference both useful and fun, chock full of great ideas and techniques to grow our subscription businesses. Here’s what else is happening in the subscription world: Amazon will earn close to $10B in net digital ad revenue this year, Dropbox is making its file transfer service available to all users, Netflix says it is compatible with certain Roku and Samsung devices, Apple plants seeds for subscription growth, and Hubspot shares social media marketing tips.

Five on Friday: Ad Revenue, File Transfer and Social Media Tips Read More »

New York Times Subscription Revenue Grows But Ad Revenue Drops in Q3

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The New York Times Company reported total revenue of $428.5 million, or 2.7% growth, for the third quarter of 2019, compared to $417.3 million for Q3 2018. The New York Times subscription revenue was $267.3 million, a 3.7 million increase, driven by growth in the companys digital-only products including news, Crossword and Cooking. Paid digital-only subscription totaled just over 4 million at the end of the third quarter, a net increase of 273,000 subscribers and a 31% increase year-over-year. OF the net new adds, 209,000 came from digital news and the remainder came from Crossword and Cooking.

New York Times Subscription Revenue Grows But Ad Revenue Drops in Q3 Read More »

Spotify Launches Spotify Kids to Reach a New Generation of Listeners

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Amazon isnt the only subscription company hoping to reach a new generation of potential customers. Spotify just launched Spotify Kids, a standalone premium app designed specifically for kids ages 3 and older and their families. The new app includes a family-friendly curated group of playlists with music and stories from favorite TV shows, movies and plays – think Disney, Nickelodeon, Discovery Kids, Universal Pictures and BookBeat.

Spotify Launches Spotify Kids to Reach a New Generation of Listeners Read More »

Lyft Launches New Membership Program Lyft Pink for Frequent Users

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With its new membership program, Lyft Pink, the ride-sharing service is advancing its mission to change how people think about transportation. Lyft wants people to stop thinking about cars as something to own, but as something they use as a service instead. Ideal for riders who use Lyft two or more times per week, Lyft Pink is a better way to ride, says the ride-sharing company, rewarding frequent users with preferred pricing and other perks.

Lyft Launches New Membership Program Lyft Pink for Frequent Users Read More »

Subscription Kids Book Club Literati Raises $12 Million in Funding

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Literati is on a mission to inspire kids ages 0 to 12 to become readers for life. The Austin-based subscription book club announced it secured $12 million in new capital in a Series A funding round led by Nikhil Basu Triveldi at Shasta Ventures, that will help it do just that. Other investors include Dick Costolo of 01 Advisors, Katie Jacobs Stanton and Jessica Verilli of #Angels, Dan Graham of Austins Springdale Ventures, Kevin Hartz, Thomas Lehrman, Allan Hubbard, Founders Fund Pathfinder, Silverton Partners and Brent Montgomery of Wheelhouse. The three-year-old Literati will use the infusion of cash to grow the business and hire new employees.

Subscription Kids Book Club Literati Raises $12 Million in Funding Read More »

SiriusXM Saw Serious Revenue Growth of 37 Percent in Third Quarter

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Satellite radio company SiriusXM saw serious revenue growth in the third quarter with total revenue of $2.0 billion, a 37% increase year-over-year. The revenue boost was driven by the acquisition of Pandora in February of this year for $3.5 billion. The company reported net income of $246 million, down from $343 million during the same period last year. Net income per diluted common share was $0.05 for the third quarter of 2019, compared to $0.07 for the third quarter of 2018. SiriusXM attributed the net income decrease to refinancing expenses.

SiriusXM Saw Serious Revenue Growth of 37 Percent in Third Quarter Read More »