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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

Penske Media Buys Controlling Interest in Wenner Media

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Last week Penske Media Corporation, the owner of Variety, Robb Report and Women’s Wear Daily, purchased a controlling interest in Wenner Media, the publisher of Rolling Stone magazine. Co-founder Jann S. Wenner will remain at Wenner Media as the editorial director and his son Gus will stay on as the president and COO and join the advisory board of Penske Media, reports The New York Times.

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Home Security Firm ADT Files for IPO of $100 Million

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Last week home security and alarm firm ADT Inc. filed for an initial public offering of up to $100 million, reports Bloomberg. Proceeds from the IPO will be used to pay down $10.1 billion in debt and redeem preferred securities. If approved by the Securities and Exchange Commission, ADT will list its shares on the New York Stock Exchange under the ticker symbol ADT. The IPO is being led by Morgan Stanley and Goldman Sachs Group Inc.

Home Security Firm ADT Files for IPO of $100 Million Read More »

Red Hat Delivers Strong Q3 FY18 Revenue, Driven by Subscriptions

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Last week Red Hat, Inc. (NYSE: RHT), a cloud-based open source technology provider, delivered a strong third quarter for fiscal year 2018 for the period ended November 30, 2017, reporting total Q3 revenue of $748 million, a 22 percent increase year-over-year, and subscription revenue of $657 million, a 21 percent increase year-over-year. The remaining revenue of $91.1 million comes from training and services. Subscription revenue, which represented 88 percent of total revenue for the third quarter, is broken down into two segments, infrastructure-related offerings accounting for $495 million in revenue, a 15 percent increase year-over-year, and application development-related and other emerging technology accounting for $162 million, a 44 percent increase year-over-year.

Red Hat Delivers Strong Q3 FY18 Revenue, Driven by Subscriptions Read More »

Lincoln to Launch Month-to-Month Vehicle Subscriptions in 2018

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Ready for a fresh start in 2018, Lincoln Motor Co. unveiled plans to launch a month-to-month vehicle subscription in parts of Los Angeles and the San Francisco Bay Area next year. Building on the model of Ford’s Canvas subscription launched last May, Lincoln’s all-inclusive, monthly subscription fee will cover insurance, maintenance, roadside assistance, and vehicle pickup and delivery, reports Automotive News. It will also allow flexibility for users who don’t want to commit to a more traditional vehicle lease.

Lincoln to Launch Month-to-Month Vehicle Subscriptions in 2018 Read More »

Weekly Subscription News: Apps, Acquisitions and Amazon

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In this week’s subscription headlines, Amazon announces the expansion of same-day delivery and one-day shipping to thousands more U.S. cities, just in time for the holidays, Bloomberg’s 24-hour Twitter news network TicToc launches this week, and The Wall Street Journal tries a personalized news feed in its ‘My WSJ’ app. Also this week, Business Insider changes its name, multiple states plan to file suit against the FCC over the net neutrality vote, and Facebook will stop paying publishers for their news feed videos.

Weekly Subscription News: Apps, Acquisitions and Amazon Read More »

Five on Friday: Monetization, Expansion and Crowdfunding

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The week is winding down, and we are ready for a long, holiday weekend. As you prepare for the holidays, check out this weeks edition of Five on Friday. Ayden and Recurly are teaming up to help subscription business expand across the globe, Facebook is finally monetizing WhatsApp, we share social media resources for newbies, Conde Nast announces two new video ventures, and former Gawker staffers are trying to revive Gawker as a nonprofit with crowdfunding.

Five on Friday: Monetization, Expansion and Crowdfunding Read More »

Pandora Offers On-Demand Listening to Free Users Who Watch Video Ads

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Expanding its offerings once again, Pandora (NYSE: P) now allows free users to access the company’s on-demand streaming music library after watching 15-second video ads. On-demand listening to free users was previously unavailable. Now, when a free user searches for a song, album or playlist, or asks Pandora to recommend one, the user can opt to watch a video spot to unlock a premium listening session. Pandora is offering the feature to introduce users to Pandora Premium, one of Pandora’s streaming music subscriptions. The new functionality is also available to Pandora Plus subscribers.

Pandora Offers On-Demand Listening to Free Users Who Watch Video Ads Read More »

Disney to Buy Fox’s TV, Entertainment and Cable Networks for $52.4 Billion

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Santa visited Rupert Murdoch early this year with Disney’s (NYSE: DIS) agreement to buy 21st Century Fox’s film and TV studios, cable networks and international TV businesses for $52.4 billion in an all-stock transaction. Fox (NASDAQ: FOXA, FOX) will spin off its broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network to its shareholders. As part of the deal, Robert A. Iger has agreed to stay on at Disney at chairman and CEO through 2021.

Disney to Buy Fox’s TV, Entertainment and Cable Networks for $52.4 Billion Read More »

Music Creation Platform Splice Raises $35 Million in Funding

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Music creation and collaboration platform Splice announced last week it has raised $35 million in Series B funding, bringing its total raised since 2013 to $47 million. The Series B funding round was led by DFJ Growth, along with previous investors True Ventures, Union Square Ventures and Flybridge. Splice said it will use the new funding to expand its team, improve its core suite of creator tools and gear offerings, and better integrate with the creative process of musicians.

Music Creation Platform Splice Raises $35 Million in Funding Read More »

Adobe Celebrates 35th Anniversary with Record Q4 Revenue of $2 Billion

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Adobe’s shift to the subscription model continues to serve the company well, as indicated by the company’s record revenue for the fourth quarter of fiscal year 2017 for the period ended December 1, 2017. Along with celebrating the company’s 35th anniversary, Adobe (NASDAQ: ADBE) reported total quarterly revenue of $2.01 billion, a 25 percent increase year-over-year, including subscription revenue of $1.7 billion, a 34 percent increase year-over-year. Subscription revenue now accounts for 84.5 percent of Adobe’s total revenue, compared to 78.4 percent for the same period last year.

Adobe Celebrates 35th Anniversary with Record Q4 Revenue of $2 Billion Read More »