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

Match Group Reports 21 Percent Revenue Increase Due to Subscriber Growth

Being in the matchmaking business is apparently profitable, at least if you are Match Group. The parent company of dating sites Tinder, OKCupid and PlentyofFish reported its fourth quarter and full year 2018 results on Wednesday with impressive results. Total revenue in the fourth quarter grew 21 percent year-over-year, driven by 17 percent average subscriber growth and 4 percent growth in average revenue per user. Average subscribers grew to 8.2 million, compared to 7.0 million in Q4 2017.

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New York Times Reports Strong Digital Subscriber and Ad Growth in 2018

The New York Times (NYSE: NYT) finished 2018 strong with significant digital growth in the fourth quarter. In its Q4 and 2018 full year financial report Wednesday, The New York Times reported big gains in digital subscription growth, digital advertising revenue and total digital subscriptions. Mark Thompson, president and CEO, of The New York Times Company commented on the company’s results.”A strong quarter capped a strong year for The New York Times. We added 265,000 net new digital subscriptions in Q4, the biggest gain since the months immediately following the 2016 election…”

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Gannett Rejects Digital First Media’s Unsolicited Buyout Offer

On Monday, Gannett Co., Inc. (NYSE: GCI) announced that its board of directors had unanimously rejected an unsolicited $1.4 billion buyout offer from Digital First Media, a hedge-fund-backed media company officially known as MNG Enterprises, Inc. Gannett, who owns USA Today, the Detroit Free Press and the IndyStar newspapers, among others, said Digital First’s proposal to acquire the company and its assets for $12.00 per share was not credible, it undervalued the company, and the proposal was not in the best interests of the company or its shareholders.

Gannett Rejects Digital First Media’s Unsolicited Buyout Offer Read More »

Digital Reading Service Scribd Boasts More Than 1 Million Members

Last week, digital subscription reading subscription service Scribd hit a big milestone – it surpassed more than 1 million members from around the world. The service first launched in 2007 as an open publishing platform where users could upload documents and share other online content with other users. In 2013, Scribd developed an eBook digital reading subscription service where readers had unlimited access to content. The model has evolved over time as Scribd experimented with different subscription models and content offerings, adding magazines and newspapers, reducing its catalog of romance titles and removing comics.

Digital Reading Service Scribd Boasts More Than 1 Million Members Read More »

Amazon Finished 2018 Strong with 20 Percent Growth in Q4 Sales

Amazon finished 2018 strong, reporting net sales of $72.4 billion for the fourth quarter, compared to $60.5 billion in the fourth quarter of 2017, representing a 20 percent increase. For the full year, net sales increased 31 percent to $232.9 billion, compared to $177.9 billion in 2017. Net income for the fourth quarter was $3.0 billion, or $6.04 per diluted share, compared to $1.9 billion, or $3.75 per diluted share in the fourth quarter of 2018. Net income for the year was $10.1 billion, or $20.14 per diluted share, compared to $3.0 billion, or $6.15 per diluted share, in 2017.

Amazon Finished 2018 Strong with 20 Percent Growth in Q4 Sales Read More »

Weekly Subscription News: Magazines, Microsoft and Metallica

This week’s subscription headlines run the gamut from magazines and Microsoft to media and Metallica. Check out these subscription stories including the merger of Eating Well and Cooking Light, Google Chrome’s attack on ad blockers and Cadillac bringing back its subscription service, but with a new twist. Also this week, Metallica’s live catalog is available via subscription, WarnerMedia shuts down the investment arm that focused on digital media startups, and Slack faces a growing challenge from Microsoft.

Weekly Subscription News: Magazines, Microsoft and Metallica Read More »

Microsoft’s Cloud Business Grew 48 Percent to $9.0 Billion in Q2 FY19

Microsoft’s commercial cloud business grew 48 percent to $9.0 billion in the company’s second quarter of fiscal year 2019. This was just one of the tech giant’s highlights from its January 30 earnings report. The company reported revenue of $32.5 billion, a 12 percent increase year-over-year; operating income of $10.3 billion, an 18 percent increase year-over-year; and net income of $8.4 billion (GAAP), or diluted earnings per share of $1.08 (GAAP).

Microsoft’s Cloud Business Grew 48 Percent to $9.0 Billion in Q2 FY19 Read More »

Five on Friday: Subscription Platforms, GDPR and IPOs

While the federal government was taking a break, the subscription industry continued on, serving businesses and consumers alike. In this weeks Five on Friday, we share highlights, including the launch of the Clutch Subscription Platform for the automotive industry, tips to help subscription companies up their commerce game, Googles $57 million fine for GDPR violations, how to know if your company is ready for an IPO, and payment technology startup Stripe raises $100 Million.

Five on Friday: Subscription Platforms, GDPR and IPOs Read More »

Apple Reports Slight Decline in Revenue But Record Earnings in Q1 FY19

On Tuesday, Apple [NASDAQ: AAPL] reported mixed results in its first quarter financials for fiscal year 2019. The company had $84.3 billion in quarterly revenue, a 5 percent decline year-over-year, missing the company’s estimates for the quarter. The company’s earnings, however, hit a new record for the company at $20.0 billion, or $4.18 diluted earnings per share, a 7.5 percent increase year-over-year. On the January 29 earnings call, Apple CEO Tim Cook attributed the revenue decline compared to guidance to four factors: different iPhone launch timing, foreign exchange rates, supply constraints on some products and changing economic conditions in emerging markets, particularly in Greater China.

Apple Reports Slight Decline in Revenue But Record Earnings in Q1 FY19 Read More »

Conde Nast to Put All Its Magazines Behind Metered Paywalls This Year

There’s no free lunch. Soon, there will be no free Condé Nast magazines either. The Wall Street Journal reports that the magazine publisher will put all of its titles behind a paywall by the end of the year. Three of its most popular magazines – The New Yorker, Wired and Vanity Fair – are already behind metered paywalls. Readers can view up to four articles before hitting the paywall. Vogue, GQ, Allure, Bon Appetit, Self, Teen Vogue, Ars Technica and Them are among the affected magazines.

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