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

Nearly 225 McClatchy Employees Accept Buyouts

In another round of job cuts, McClatchy Company (NYSE: MNI) offered 450 employees buyouts – or early retirement offers. That represents about 10 percent of McClatchy staff. About half of those employees from newspapers across the country accepted the offers, reports Miami New Times. Employees who were 55 or older and had worked at their newspapers for 10 years or more received the one-time buyout offer.

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Cinemark Announces Record Q4 Revenue and 560K Movie Club Members

Last week, Cinemark Holdings, Inc. (NYSE: CNK) reported its fourth quarter and full year 2018 results, including all-time high Q4 revenues of $798.5 million, a 6.5 percent increase year-over-year. Admissions revenue was $445.1 million, 0.4 percent increase; concession revenue was $277.5 million, a 6.3 percent increase; and other revenue was $75.9 million, a 67.6 percent increase. Equally impressive are Cinemark’s Movie Club statistics which CEO Mark Zoradi discussed on the company’s February 22 earnings call.

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DoorDash Raises $400M in Funding, Nearly Doubling Its Value

Last week, food delivery startup DoorDash announced it had raised $400 million in a funding round co-led by Temasek Holdings and Dragoneer Investment Group. Additional funders were raised from existing investors Softbank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combinator. In August 2018, DoorDash was valued at $4 billion. With this Series F funding, DoorDash was valued at $7.1 billion, nearly double its value six months ago.

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Gannett Reports Revenue of $751.4M in Q4, a 12 Percent Decrease

Just weeks after Gannett Co., Inc. (NYSE: GCI) rejected MNG Enterprises’ unsolicited takeover bid, Gannett reports its fourth quarter and full year 2018 results, including total operating revenue of $751.4 million, compared to $854.2 million in Q4 2017. This represents a 12 percent decrease year-over-year. Advertising and marketing services revenue totaled $427.2 million, circulation was $273.8 million and other revenue was $50.4 million for the fourth quarter.

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Weekly Subscription News: Amazon, Apple and Uber Eats

In this week’s subscription news, Amazon agrees to acquire Eero to help customers connect to their smart home devices, Medium buys The Bold Italic, and Sling TV is now the largest live streaming TV provider. Also this week, Apple hits publishers hard with a 50 percent revenue split for Apple News, Fiverr plans to acquire content marketing platform ClearVoice, and TechCrunch launches its first subscription product.

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Five on Friday: Dating Apps, Customer Support and Paywalls

In this weeks Five on Friday, Business2Community shares best practices for customer retention during the SaaS renewal process, App Annie reveals how dating apps are a billion dollar business, HubSpot offers ideas for reducing customer support friction, Folio explores how magazines are exploring paywalls as an ongoing revenue source, and Conde Nast Traveler discusses whether WiFi subscriptions are worth it – all in this weeks edition of Five on Friday.

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HubSpot Subscription Revenue Grows 35 Percent to $136.8 Million in Q4

In last week’s fourth quarter and full year 2018 earnings report, Hubspot (NYSE: HUBS), a B2B marketing, sales and service software company, reported subscription revenue of $136.8 million, representing a 35 percent increase year-over-year. The company reported total revenue of $144.0 million, also a 35 percent increase-year-over. HubSpot’s total revenue for the fourth quarter includes $7.2 million in professional services and other revenue, a 49 percent increase year-over-year. Subscription revenue makes up 95 percent of HubSpot’s total revenue.

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MoviePass Parent Helios and Matheson Analytics Loses NASDAQ Listing

Helios and Matheson Analytics (HMNY), the parent company of movie subscription service MoviePass, has been booted off the NASDAQ, reports Business Insider. The company had fallen below NASDAQ’s standards of trading below $1 per share since July. Their value is so low right now, they are worth less than $0.01 per share as of 4 p.m. EST yesterday. That’s quite a fall from grace from a year ago when HMNY’s stock price was valued at $1,270.00 per share on February 26, 2018.

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FTC, Facebook Negotiate Multibillion Dollar Fine for Privacy Lapses

The Federal Trade Commission is playing hardball with Facebook, as the two organizations negotiate a multibillion dollar fine for Facebook’s privacy lapses, reports The Washington Post. The FTC alleges that Facebook misused user data, and the social media platform did not properly safeguard that data. Facebook has been linked to the spread of “fake news,” Russia’s role in the 2016 presidential election and an increase in hate speech.

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CBS Reports Success with Direct-to-Consumer Platforms in Q4

CBS Corporation (NYSE: CBS.A and CBS) reports that its direct-to-consumer platforms, CBS All Access and Showtime Now, continue to see subscription growth quarter after quarter and year after year. President and Acting CEO Joe Ianniello said they are one of the company’s long-term strategies for driving growth in a February 14 earnings report. In fact, because of CBS’s success with these direct-to-consumer streaming platforms, the company is raising its target for domestic subscribers from 16 million to 25 million by 2022.

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