Author: Dana E. Neuts - Page 257 - Subscription Insider

The Telegraph Drops Metered Paywall for Premium Subscription Service

Auto-renew Subscription, Business Strategy, Consumer Services, Industry Announcements, News, Product Development, Revenue and Sales / Dana E. Neuts

Last week The Telegraph, owned by Telegraph Media Group, announced that it is dropping its metered paywall in favor of a digital, premium subscription service called Telegraph Premium. Much of The Telegraph’s content will now be free, including breaking news, sports, entertainment, social, media, travel, lifestyle and culture news, but a significant number of daily stories will be reserved for premium subscribers. The goal is to more deeply engage and connect with readers while tripling its subscriber base by 2017.

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WIRED Launches a $4,000-a-Year Emerging Technology Membership Program

News / Dana E. Neuts

Wired is taking subscriptions to a whole new level with a $4,000 a year membership program called the Emerging Technology Council. WIRED says this council is a joint effort between WIRED Media Group (WIRED, Ars Technica and Backchannel) and Traction Technology Partners, which specializes in connecting enterprise leaders to the world’s most transformative technologies and start-ups. What is the Council all about?

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Shopify Posts Q3 Revenue of $99.6 Million, an 89 Percent Increase

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, FInance, News, Product Development, Revenue and Sales, SaaS and Cloud Services, Technology / Dana E. Neuts

Last week cloud-based, multi-channel e-commerce platform Shopify (NYSE: SHOP)(TSX: SHOP) posted strong third quarter financials, including total revenue of $99.6 million, an 89 percent increase compared to the same period last year. Shopify’s Subscription Solutions revenue was also impressive, growing 69 percent to $49.8 million year-over-year. In Shopify’s Q3 announcement, the company attributes the revenue increases to the continued rapid growth of monthly recurring revenue.

Shopify Posts Q3 Revenue of $99.6 Million, an 89 Percent Increase Read More »

Scribd Adds Popular Magazines to Subscription E-book Service

Auto-renew Subscription, Business Media and Publishing, Business Strategy, Consumer Services, Magazines, News, Product Development, Revenue and Sales, SaaS and Cloud Services, Subscriber Acquisition, Subscription Apps / Dana E. Neuts

Scribd kicked off November with the announcement that it was adding premium magazine content to its E-book subscription service from top publishers including Bloomberg, Entrepreneur Media, IBT Media, New York Media, Slate Group, LLC, and Time, Inc. For no additional fee, subscribers can read current articles as well as archive editions of magazines, including Time, Money, Fortune, People, Bloomberg Business, Entrepreneur and a rotating collection of other magazines.

This Week’s Subscription News: Salesforce, Scribd, SaaS and More

Auto-renew Subscription, Business Media and Publishing, Business Services, Consumer Services, Industry Announcements, Mergers and Acquisitions, News, Revenue and Sales, SaaS and Cloud Services, Subscriber Retention, Subscription Business Marketing / Dana E. Neuts

In this week’s subscription news headlines, Business Insider tells us that Amazon is making non-Prime members pay higher prices at its brick-and-mortar bookstores, Ken Doctor talks about the failed deal between Gannett and Tronc (formerly Tribune Publishing), and Scribd expands its offerings with magazines. Also, in this week subscription news, we’ve got online ads, transparency, churn rates and email marketing.

This Week’s Subscription News: Salesforce, Scribd, SaaS and More Read More »

Subscription Company Round-up of Third Quarter Financials

Auto-renew Subscription, Business Services, Consumer Services, Entertainment and Streaming, FInance, Industry Announcements, News, SaaS and Cloud Services, Subscription Apps / Dana E. Neuts

Quarterly financial results are in, and while we can’t cover every subscription company, we like to highlight those we’ve written about before. With the quarter ended Sept. 30, 2016, here are financial and operational highlights from MINDBODY, Inc., Starz, SiriusXM and WWE Network. See who’s growing, who made money, who lost money and who has room for improvement and what they’re expecting for the fourth quarter of 2016.

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Thomson Reuters to Cut 2,000 Jobs in 150 Locations in Q4

Auto-renew Subscription, Business Media and Publishing, Business Operations, Business Services, Business Strategy, FInance, Industry Announcements, Mergers and Acquisitions, News, Revenue and Sales / Dana E. Neuts

While Thomson Reuters Corp (NYSE: TRI) third quarter earnings beat analyst predictions, this week the company announced it will eliminate 2,000 jobs, or 4 percent of its workforce, in 39 countries and 150 locations. The 100-year-old business is the world’s leading source of news and information for professional markets. It operates business in more than 100 countries and trades on the Toronto and New York Stock Exchanges. How will this impact the company for the remainder of the year and into 2017?

Thomson Reuters to Cut 2,000 Jobs in 150 Locations in Q4 Read More »

LinkedIn Reports Q3 Results: Subscription Revenue Grew 17 Percent

Auto-renew Subscription, Business Media and Publishing, Business Services, Business Strategy, FInance, Industry Announcements, Learning and Training, Mergers and Acquisitions, News, Product Development, Regulation and Compliance, Revenue and Sales, SaaS and Cloud Services / Dana E. Neuts

Last Thursday LinkedIn Corporation (NYSE: LNKD) announced its third quarter financials for 2016. For the quarter ended September 30, 2016, total revenue was $960 million, representing a 23 percent increase year-over-year. Premium subscription revenue was $162 million, a 17 percent increase year-over-year. CEO Jeff Weiner said product investments across the platform drove another quarter of strong user engagement and financial performance, just in time for Microsoft’s takeover at year-end.

LinkedIn Reports Q3 Results: Subscription Revenue Grew 17 Percent Read More »

The New York Times Buys Consumer Guide The Wirecutter for $30 Million+

Auto-renew Subscription, Business Operations, Business Strategy, Consumer Media and Publishing, Consumer Services, Industry Announcements, Mergers and Acquisitions, News, Revenue and Sales, Subscriber Acquisition / Dana E. Neuts

Last Monday The New York Times announced its purchase of The Wirecutter and The Sweethome, online guides for technology gear, home products and other consumer services in an all-cash transaction. Though The New York Times (NYSE: NYT) did not reveal the price tag, Recode reports The Times will pay more than $30 million for the acquisition, including retention bonuses and other payouts. What does this acquisition mean for The New York Times?

The New York Times Buys Consumer Guide The Wirecutter for $30 Million+ Read More »

Media Company Meredith Corp. Reports Record Earnings for Q1 FY 2017

Auto-renew Subscription, Business Strategy, Consumer Services, FInance, Invoiced Subscription, Magazines, News, Product Development, Revenue and Sales / Dana E. Neuts

Last week media company Meredith Corp. (NYSE: MDP), owner of brands like Family Circle, Better Homes and Gardens and Martha Stewart Living, posted record financials for the first quarter of their fiscal year 2017, ended September 30, 2016. Total company revenues for the period were $400 million, a 4 percent increase year-over-year. Total advertising revenues were $226 million, a 3 percent increase year-over year. The company credits political advertising and digital ad growth for its success.

Media Company Meredith Corp. Reports Record Earnings for Q1 FY 2017 Read More »

Insight to drive subscription growth

Dana E. Neuts