Author: Dana E. Neuts - Page 240 - Subscription Insider

This Week’s Subscription News: Online Records, Razors and Revenue

Business Operations, Business Services, Business Strategy, Consumer Services, Entertainment and Streaming, Industry Announcements, Mergers and Acquisitions, News, Payment Processing, Product Development, Revenue and Sales, SaaS and Cloud Services, Subscription Boxes / Dana E. Neuts

In this week’s subscription headlines, Zuora plans to buy Leeyo to help subscription companies do a better job of tracking revenue, P&G sharpens its competitive edge with its online razor sales, and meal kit delivery service HelloFresh launches a wine subscription service. Also this week, Sports Illustrated plan to launch an OTT service, business publishers enjoy traffic spikes from LinkedIn, and early subscription adopter OnceLogix enjoys the fruits of its ‘slow and steady’ approach.

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Etsy Reports Q1 Financials, Introduces New CEO and Staff Cuts

Business Operations, Business Services, Business Strategy, Consumer Services, Customer Service, FInance, Industry Announcements, News, Product Development, Revenue and Sales, SaaS and Cloud Services, Subscription Apps, Subscription Business Marketing / Dana E. Neuts

Last week Etsy, Inc. (NASDAQ: ETSY), an online marketplace and commerce platform for creative entrepreneurs, released its first quarter 2017 financials, including a $0.4 million net loss, a decrease of 135.3 percent compared to net income of $1.2 million from Q1 2016. Along with its financial report, the company also announced that Josh Silverman, who joined the Etsy board last November, would become CEO effective May 3. Silverman, who has two decades of product development, marketing and e-commerce experience, replaces Chad Dickerson who will stay on in an advisory role until May 31. Previously, Silverman served as CEO of Skype, Shopping.com, and Evite, Inc.

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Five on Friday: Ad Blocking, Viral Content and What CMOs Need to Know

Auto-renew Subscription, Business Media and Publishing, Business Operations, Business Services, Business Strategy, Consumer Media and Publishing, Consumer Services, Customer Service, Magazines, News, Product Development, Research and Benchmarks, Revenue and Sales, Subscriber Acquisition, Subscriber Only, Subscription Business Marketing / Dana E. Neuts

This has been a great week for Subscription Insider, wrapping up another sold-out Payment Boot Camp. We enjoyed meeting some of you and sharing the wisdom of our subscription, billing and payment experts! While that was going on, we were also working on this weeks edition of Five on Friday. In this issue, Pagefair shows how Facebook is winning with its ad block strategy, PR Daily shares how marketers can increase webinar attendance, Meredith Corp. signs 700,000 paid subscribers to The Magnolia Journal, Media Blog tells us how to create viral content in 6 steps, and CIO shares 8 things that CMOs need to know now. Enjoy!

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CBS Reports Net Loss of $252 Million for Q1 2017

Auto-renew Subscription, Business Operations, Business Strategy, Consumer Services, Entertainment and Streaming, FInance, News, Product Development, Revenue and Sales, Subscriber Acquisition, Subscription Apps / Dana E. Neuts

Last week CBS Corporation (NYSE: CBS.A and CBS) reported its financials for the first quarter of 2017, including revenue of $3.34 billion, compared to $3.59 billion for the same period last year. CBS attributes the difference to its first quarter 2016 broadcast of Super Bowl 50 and an additional NFL playoff game. CBS reported net earnings from continuing operations of $454 million, compared to $442 million for the same period in 2016. However, the company also reported a net loss of $252 million, or $(0.61) per common share, compared to net earnings of $473 million for the same period last year.

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MPP Global Raises $15 Million in Series B Funding Round

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Entertainment and Streaming, FInance, Free Subscription, Freemium, Industry Announcements, Metered Subscription, Micropayments, News, Payment Processing, Paywall, Product Development, Revenue and Sales, SaaS and Cloud Services, Subscriber Retention, Technology / Dana E. Neuts

MPP Global, the UK-based company that created eSuite, an e-commerce digital monetization platform for publishing and media, TV and entertainment, sports and retail, has raised $15 million (£12m) in a Series B funding round from Albion Ventures and Grafton Capital. MPP Global has worked with media organizations including the Winnipeg Free Press, News UK, Daily Mail Group, and L ‘Equipe. Most recently, MPP Global worked with McClatchy as the company makes its shift to becoming a digital-first publisher.

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Tronc Reports Net Loss of $3 Million, or $(0.08) Per Share for Q1 2017

Auto-renew Subscription, Business Operations, Business Strategy, Consumer Media and Publishing, Consumer Services, FInance, Free Subscription, Metered Subscription, News, Product Development, Revenue and Sales / Dana E. Neuts

Last week publisher Tronc, formerly Tribune Publishing, (NASDAQ: TRNC) published its first quarter results for the quarter ended March 26, 2017. The company reported a net loss of $3 million, or $(0.08) per fully diluted share, compared to a $6 million net loss, or $(0.22) per fully diluted share, year-over-year. Tronc also reported total revenue of $366 million, down 8.1 percent for the same period last year. Tronc publishes more than 150 titles and estimates its monthly audience at 59 million.

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Uber Prohibited from Sending Unsolicited Texts in Washington State

Auto-renew Subscription, Business Operations, Business Strategy, Consumer Services, News, Product Development, Regulation and Compliance, Subscription Apps / Dana E. Neuts

Last Monday Washington state Attorney General Bob Ferguson announced that he’d reached an agreement with Uber, prohibiting the ride-sharing service from sending unsolicited text messages to Washington consumers. The attorney general’s office started getting complaints in 2014 from Uber customers who received unsolicited messages, including messages intended for Uber drivers. The customers said they did not know how to stop the messages, and even when they blocked the solicitations, the texts continued to come through.

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This Week’s Subscription News: Autodesk, Advertising and Apple News

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Consumer Services, Entertainment and Streaming, FInance, Industry Announcements, News, Payment Processing, Revenue and Sales, SaaS and Cloud Services / Dana E. Neuts

In this week’s subscription news headlines, Chevrolet partners with Twitter to introduce its first-ever global video subscription content series, Marvel joins Comixology for all-you-can-read subscription comics, and some New York Times subscribers cancel their subscription over a climate change column. Also, in this week’s subscription news, we’re reading about DISH, Apple, Apple News and Rupert Murdoch.

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Toronto Star Reports Net Loss of $24.4 Million, Cost Cutting Continues

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Consumer Media and Publishing, Consumer Services, FInance, News, Product Development, Revenue and Sales, Subscription Apps / Dana E. Neuts

On Wednesday, Torstar, publisher of the Toronto Star, announced the newspaper’s first quarter 2017 financials for the period ended March 31, 2017, and it wasn’t pretty. The company reported a net loss of $24.4 million, or $0.30 per share, compared to a net loss of $53.5 million, or $0.66 per share, for the same period last year. Adjusted loss per share was $0.22, compared to $0.40 for the same period in 2016. Segmented revenue was $156.7 million, a decrease of $18.1 million, or 10 percent, over the first quarter of 2016.

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Five on Friday: Netflixs Low Churn, Organic Traffic & Best Practices

Business Operations, Business Services, Business Strategy, Consumer Services, Entertainment and Streaming, News, Product Development, Revenue and Sales, Subscriber Acquisition, Subscriber Only, Subscriber Retention, Subscription Apps, Subscription Business Marketing / Dana E. Neuts

In this weeks Five on Friday, Vindicia shares how companies have revamped their past services through subscriptions, Forbes reveals four corporate communications best practices from GE, Kissmetrics explains how Netflix keeps its churn rate low by keeping its subscribers engaged and watching, MarketingProfs offers ways to increase traffic organically, and LinkedIn posts some great subscription jobs.

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Insight to drive subscription growth

Dana E. Neuts