After five years, Drip, a subscription-based music platform for independent musicians, was scheduled to shut its doors for good. On March 17, the day before the planned shutdown, Drip was saved by crowdfunding platform Kickstarter. But it wasn’t a crowdfunding campaign that saved Kickstarter.
Kickstarter Saves Subscription Music Platform Drip from Shutting Down Read More »
Rumors have been flying about SoundCloud’s forthcoming subscription service since last summer, but a new deal with Sony Music Entertainment has cinched it. This latest agreement gives SoundCloud deals with all three major labels – Sony, Universal and Warner. According to Billboard, SoundCloud previously had an agreement with Sony, but in May 2015, Sony pulled music from SoundCloud pages because there was no way to monetize the content.
SoundCloud One Step Closer to Subscription Service with Sony Deal Read More »
On Thursday, Guardian Media Group, publisher of the Guardian and the Observer, announced it will lay off 250 employees, as it restructures the less profitable parts of the company. The layoffs are part of the company’s three-year cost-cutting plan announced earlier this year. Of the 250 jobs to be cut, 100 will come from an editorial staff of 725 and 150 from commercial departments like finance and human resources.
The Guardian to Slash 250 Jobs as Part of Three-Year Cost-Cutting Plan Read More »
On a mission to improve the American diet, CEO Andy Levitt launched The Purple Carrot, a plant-based meal kit subscription service in 2015. In this profile, learn how 18 months later one partnership with Mark Bittman evolved and propelled the business to new heights.
In this week’s subscription news headlines, LSE Business Review predicts micropayments will be the “next normal,” Shopify is still losing money, and European publishers are fighting ad blocking. In addition, subscription news from the last week includings articles on customer retention, digital etiquette and digital banking.
Weekly Subscription News Round-up for March 18 Read More »
To mark their respective centennial celebrations, Aviation Week & Space Technology and Boeing have digitized 100 years of Aviation Week, reports Folio. The 100-year digital archive includes more than 4,500 issues totalling about half a million pages. The digital archives will be free to registered users through the end of 2016, but are likely to become available by subscription-only starting next year.
Aviation Week and Boeing Partner to Digitize 100 Years of Magazine Archives Read More »
Satellite radio provider SiriusXM (NASDAQ: SIRI) is getting serious about its subscription rates with its second price hike in the last year, reports Music Business Worldwide. Effective April 27, a $1 price increase will impact SiriusXM’s Select package and SiriusXM Internet Radio products. Last June SiriusXM raised rates on its other packages by $1 a month: Mostly Music, News, Sports & Talk, Premier and All Access. Last year’s price hike doesn’t seem to have hurt SiriusXM…
SiriusXM Gets Serious with Second Price Hike in a Year Read More »
Let’s face it. Ad blocking is here to stay, and it is costing publishers billions of dollars annually, $21.8 billion in 2015 and an estimated $41.4 billion in 2016. Publishers across the globe are trying to come up with creative ways to fight it. Here’s how some publishers across Europe, where ad blocking grew by 35% last year, are handling it: Axel Springer: German publisher Axel Springer bans readers who use ad blockers from Bild, a…
How European Publishers Are Fighting Ad Blocking Read More »
Comic-Con and Lionsgate will launch Comic-Con HQ, a new, ad-free subscription video app in May, reports Variety. The app will be launched on May 7 – Free Comic-Book Day – in a free beta version for fans of comics and pop culture. The video app will officially debut in June, prior to Comic-Con International which is set for July 21 through 24 in San Diego. The video app was originally supposed to premier in 2015. The…
Comic-Con and Lionsgate Partner on Subscription Video App to Debut May 7 Read More »
Shopify, a subscription-based ecommerce platform for small and medium-sized businesses, announced its 2015 results: revenue, volume and subscriptions are up, but profits are nonexistent. Shopify (NYSE: SHOP)(TSX: SH) posted an operating loss of $6.3 million for the fourth quarter, and a net loss of $18.8 million for the full year.
Despite Strong 2015 Financials, Shopify Is Still Losing Money Read More »
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