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

AT&T Shares 2019 Strategy and Details about WarnerMedia’s SVOD Service

In a special webcast last week, AT&T (NYSE: T) shared an update on its success strategy for 2019, following its acquisition of Warner Media. The webcast offered information about the company’s plans for next year, including financial guidance for full year 2018 and 2019 and details about WarnerMedia’s direct-to-consumer streaming video on demand service, which includes three tiers of service. AT&T’s updated guidance is as follows:

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Five on Friday: Media, Membership and Meal Kits

In this weeks Five on Friday, Digiday explains how the direct-to-consumer membership model can improve retention, Forbes tells us how much the average person is spending on media annually, FeedStuffs explores the future of meal kits, the American Press Institute provides guidance for news sites on how to improve subscription registration and payments, and Media Post shares how The New York Times is using Google Cloud to expand its ad campaign.

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Facebook Launches ‘Today In’ to Connect Users with Local News

Last week, Facebook announced the launch of its Today In, a new section on Facebook that aggregates local news and information. Currently, Today In is available in more than 400 U.S. cities and some cities in Australia where Facebook is testing the app. Facebook is also testing news deserts which have few news outlets by connecting them with related content in neighboring areas. Users in cities where Today In is available can go to the section directly, or they can turn on local updates to see more local news stories in their Facebook news feeds.

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Nexstar to Acquire Tribune Media for $6.4 Billion in Cash

Monday was a big day for Tribune Media Company (NYSE: TRCO). Nexstar Media Group (NASDAQ: NXST) agreed to buy Tribune Media’s outstanding shares at $46.50 each in an all-cash transaction worth $6.4 billion. As part of the deal, Nexstar will take on Tribune Media’s outstanding debt. The deal will be financed through Bank of America Merrill Lynch, Credit Suisse and Deutsche Bank. The boards of directors of both companies have both agreed to the deal which is expected to close in the third quarter of 2019, provided the acquisition agreement receives all the necessary regulatory approvals.

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Salesforce Reports Record Results for Q3 Fiscal 2019, Raises Guidance

Last week, CRM SaaS company Salesforce (NYSE: CRM) reported record results for the third quarter of fiscal year 2019, ended October 31, 2018. The company reported revenue of $3.39 billion, a 26 percent increase year-over-year, and unearned revenue of $5.38 billion, a 25 percent increase year-over-year. Subscription and support revenue was $3.17 billion, a 26 percent increase year-over-year. Professional services and other revenue made up the remaining $224 million, a 15 percent increase year-over-year.

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Mic Lays Off Majority of Staff and Is Bought by Bustle for $5 Million

Last Thursday, millennial-focused digital news site Mic laid off most of its editorial staff and was subsequently bought by the Bustle Digital Group for $5 million, reports Recode. Mic co-founder and CEO Chris Altchek announced the layoffs at an all-employee meeting on Friday. Approximately 30 staffers of more than 100 will remain at Mic, including Altchek and co-founder Jake Horowitz, says Recode. As severance, most employees would receive one month of pay and health care. They were told to clean out their desks by the end of the day and that their computer access would be shut off at 2 p.m. on Thursday, says The New York Times.

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Weekly Subscription News: Instagram, Intuit and iPhones

We survived Black Friday and Cyber Monday, and it is business as usual as the holiday season gets underway. In this week’s subscription news headlines, Instagram cracks down on fake likes, followers and comments, The Boston Globe looks to cannabis coverage as a revenue generator, and Google looks at shutting down its EU News operation to avoid taxes on links. Also this week, The Daily Star says Sony PS4 is the big winner against Microsoft’s Xbox One in terms of subscriptions, Intuit stock skyrockets after QuickBook’s first quarter subscription activity is reported, and YouTube is showing free, ad-supported Hollywood movies.

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Five on Friday: Subscription Dental, Deals and Deceptive Practices

We hope you had a great Thanksgiving weekend! In this weeks Five on Friday, PYMTS reports that consumers are fighting “subscription friction” as retailers like Adore Me use deceptive practices to sign up subscribers, CNBC explores how media outlets are getting people to pay for news, Quip raises another $40 billion for subscription dental services, Google considers shutting down Google News in the EU to avoid being taxed on links and, as YouTube waffles on whether or not it should have subscriptions, it offers student deals on YouTube and YouTube Music.

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Shopify Merchants Made Over $1.5 Billion in Sales Thanksgiving Weekend

Shopify merchants had an incredible Black Friday Cyber Monday (BCFM) shopping weekend, with more than 600,000 sellers from 175 countries generating more than $1.5 billion in sales. Among the highlights was the move to mobile shopping. Sixty-six percent of Shopify sales during BCFM occurred on mobile devices, compared to 34 percent shopping on desktops. Shopify said part of this was due to responsive themes and a variety of mobile-friendly payment options including Shopify Pay, Google Pay and Apple Pay.

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Fox News Launches Streaming Subscription Channel Fox Nation

It’s official. Fox Nation, Fox News’ new on-demand, subscription-only streaming channel, is now live and offering original programming to Fox News’ fans. The hosts of “Un-PC,” Britt McHenry and Tyrus, teased viewers Sunday evening with some of the content they can expect on Fox Nation, which they are calling “Opinion Done Right.” The New York Times calls compares it to “Netflix for conservatives.” For $5.99 a month or $64.99 a year, Fox Nation subscribers can access the on-demand streaming subscription service on their smartphones, tablets, computers and some TV devices.

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