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

Spotify Reports 40 Percent Increase in Premium Subscriptions in Q2 2018

Though Spotify reported an operating loss for the second quarter of 2018, the popular streaming music service also reported growth in paid subscriptions and revenue. At the end of the second quarter, Spotify (NYSE: SPOT) had 180 million monthly active users, a 30 percent increase, and 83 million premium subscribers, a 40 percent increase. Total revenue for the quarter was €1.273 million, a 26 percent increase year-over-year.

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Weekly Subscription News: Cookbooks, Consoles and Content

In this week’s subscription news, Variety adds a digital subscription content tier, the New York Times introduces a customized cookbook, and Comcast profits are looking up while cable subscriptions are down. Also this week, Quartz is starting a news show focused on the global economy, Microsoft is working on two new Xbox consoles, including a lower-priced streaming device, and Facebook’s top lawyer leaves at the worst possible time.

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Tronc-Owned New York Daily News Cuts Newsroom Staff in Half

The New York Daily News started its week out with a bang, announcing Monday that it was cutting its newsroom staff in half. The cuts include editor-in-chief Jim Rich and managing editor Kristen Lee, reports the Chicago Tribune. Staff was notified via email that the newspaper would focus on breaking news, specifically news related to crime, civil justice and public responsibility. Tronc purchased the New York tabloid newspaper last year for $1.

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Five on Friday: Memberships, Subscription Fatigue and Customer Trust

In this weeks edition of Five on Friday, The Drum explores why brands like Amazon use the membership model, Associations Now shares new reports that question how recurring fees could create subscription fatigue, Search Engine Watch discusses factors that influence a websites credibility, and Equifax struggles with regaining the trust of customers and investors after a massive data breach.

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Alphabet Reports FY18 Q2 Revenue of $32.7 Billion

Alphabet Inc., better known as Google, shared its fiscal year 2018 second quarter financials last week for the period ended June 30, 2018. The company (NASDAQ: GOOG, GOOGL) had a strong quarter with total revenue of $32.7 billion, a 26 percent increase over the same period last year. The company broke out additional financial results including and excluding fines. Here are highlights from the report:

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Microsoft Reports Net Income of $8.9 Billion for FY18 Q4

Last week Microsoft (NASDAQ: MSFT) reported a strong fourth quarter for its fiscal year 2018 ended June 30, 2018. The company earned revenue of $30.1 billion, a 17 percent increase year-over-year, and net income of $8.9 billion (GAAP), or $1.14 diluted earnings per share. CEO Satya Nadella attributed the company’s results to Microsoft Cloud, his teams’ “relentless focus on customer success” and customer trust in the company and its products and services.

Microsoft Reports Net Income of $8.9 Billion for FY18 Q4 Read More »

Walmart Considering a Streaming Video Subscription Service

Walmart is considering a streaming video subscription service that will compete against Amazon Prime Video and Netflix, reports The Information. According to one source, Walmart would price its streaming video service below $8 per month, making it cheaper than both Prime Video and Netflix. Walmart might also offer an ad-supported, free streaming video service.

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Despite Server Overload, Prime Day Was Biggest in Amazon History

Despite server overload that caused shopping downtime, last week’s Amazon Prime Day was the biggest sales day in company history, surpassing Cyber Monday, Black Friday and last year’s Prime Day, which held the previous top sales record. Prime offered more than a million deals worldwide, exclusively to Prime members. During this year’s event, Prime members bought more than 100 million different products, including best sellers like the Fire TV stick with Alexa voice remote and Echo Dot. For the first time, Prime members also enjoyed a week of savings at Whole Foods Market with organic strawberries being the best-selling product.

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Weekly Subscription News: BuzzFeed, Brave and Bitcoin

In this week’s subscription news, Texture drops its premium pricing for existing subscribers, Bustle owner Bryan Goldberg wins the bankruptcy auction to buy Gawker, and the Columbus Dispatch raises prices after tariffs boosts their costs. Also this week, CNN is reorganizing its business coverage under a new site, the Brave browser (with ad blocker) has more than 3 million monthly users, and MoviePass competitor Sinemia ups the ante with $25 in free food.

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FCC Sends $3.9 Billion Sinclair-Tribune Merger to a Judge

In other merger news this week, members of the Federal Communications Commission unanimously voted to send the proposed $3.9 billion Sinclair-Tribune merger to an administrative judge for review, reports Poynter. FCC chair Ajit Pai expressed concern that Sinclair might be planning to spin off some of the Tribune TV stations to companies that have ties to the founders of Sinclair, which would be a violation of FCC regulations.

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