Big bucks, big deals and Brexit are all in the subscription news headlines this week. In addition, YouTube says it is in investment mode, not profitability mode; nerd boxes Loot Crate and Funko fuel another subscription box boom; and Facebook’s Instant Articles and Google AMP are actually making it harder, not easier, to publish to the web.
This Week’s Subscription Headlines: Big Bucks, Big Deals and Brexit Read More »
Google (NASDAQ: GOOG, GOOGL) is offering a new over-the-top TV service called Unplugged to offer TV lovers an alternative to pricey cable bundles, reports Media Post’s Television News Daily. Similar to DISH’s Sling TV, Unplugged will be a “skinny bundle,” giving subscribers a handful of live TV channels for a set monthly price. While Google hasn’t stated so publicly, media outlets estimate the price range to be between $25 and $50 a month.
Google Signs CBS to New OTT TV Subscription Service, Unplugged Read More »
Last week McClatchy Co. (NYSE: MNI) reported disappointing results for the third quarter of 2016, including a net loss of $9.8 million, compared to net income of $1.1 million for the same period last year. The adjusted net loss after compensating for severance payments, technology conversions costs, etc. was $2.1 million, compared to an adjusted net income last year of $3.2 million. Subscription Insider has financial and operational highlights.
McClatchy Reports $9.8 Million Net Loss in Q3, Decline in Ad Revenue Read More »
This morning Purple Carrot, a whole food, plant-based meal kit subscription delivery service, announced its partnership with Whole Foods Market’s North Atlantic region. Starting today, Purple Carrot’s vegan meal kits will be carried in Whole Food’s North Atlantic flagship store in Dedham, Massachusetts, priced at $19.99 each. Like those available to Purple Carrot subscribers, the two-person vegan meal kits will include hand-selected, pre-portioned ingredients, recipe cards with photos, and step-by-step instructions…
Purple Carrot Subscription Meal Kits Announces Whole Foods Partnership Read More »
As part of a greater restructuring by Dow Jones & Co., the Wall Street Journal is offering voluntary severance packages to a “substantial number” of news employees worldwide, reports CNN Money. The news was announced last week in a staff email from editor-in-chief Gerard Baker. The goal is to limit staff layoffs through the buyouts. Staff have until the end of the month to take advantage of the voluntary severance, though the company has the right to reject volunteers. These aren’t the only changes in the works though.
Wall Street Journal Offers Buyouts to News Employees Worldwide Read More »
Last Thursday Microsoft (NASDAQ: MSFT) reported results for its first quarter of the fiscal year 2017, ended September 30, 2016. The company reported net income of $4.7 billion GAAP, operating income of $5.2 billion GAAP, revenue of $20.5 billion GAAP, and diluted earnings per share of $0.60 GAAP. Microsoft CEO Satya Nadella said the company’s first quarter 2017 results reflect continued demand for cloud-based services.
Microsoft Reports $4.7 Billion in Net Income for Q1 FY 2017 Read More »
In this week’s subscription news headlines, Fortune’s Mathew Ingram says sticking with print would not have helped newspapers avoid death, the FCC hits Comcast with a hefty $2.3 million fine for charging customers for equipment they didn’t ask for through “negative option billing,” and Forbes debates whether a subscription economy or a sharing economy has more potential. In addition, we’ve got headlines featuring Apple, Turner Movies and Google.
This Week’s Subscription Headlines: Fines, Free Content & FilmStruck Read More »
Self-professed nerds and geeks can now get their fill of shows from digital publishers Nerdist and Geek & Sundry, thanks to movie studio Legendary Digital Networks (LDN). Legendary, who has produced films like “Warcraft,” “Jurassic WoStarting November 3, for $4.99 a month, subscribers will get 15 to 20 hours of new programming from Nerdist and Geek & Sundry, including episodes of “CriticalRole” and “TableTop.”
Legendary Digital Networks Launches Streaming Subscription App, Alpha Read More »
Earlier this week, Electric Objects announced the launch of its EO2, the next generation of a digital art display model it developed three years ago. The company also announced the creation of an Art Club available to those who purchase EO2. For $9.99 a month, subscribers gain access to a curated collection of museum classics and new work created specifically for the EO2. The subscription model is helping making art more accessible, an exciting way for a company to share innovation while creating sustainability for itself.
Electric Objects Launches EO2 and Digital Art Subscription Club Read More »
On Monday, Netflix (NASDAQ: NFLX) reported record subscription revenue of $2 billion, representing a 36 percent increase over the same period last year. This is the first time Netflix has exceeded the $2 billion revenue mark. In a letter to shareholders, Netflix attributed the increase to its strong content which includes the popular Netflix original series Stranger Things and the second season of Narcos. Netflix’s incredible results for Q3 have driven Netflix up nearly 20 percent.
Netflix Far Exceeds Forecast with Subscription Revenue of $2 Billion Read More »
