After months of speculation, NBCUniversal allows Peacock to strut its stuff, revealing new details about the streaming service. Peacock will be a free, premium, ad-supported streaming video on-demand service. It will feature subscription tiers and offer over 600 movies and 400 TV series. In addition, Peacock fans can access live and on-demand news, sports, late night and reality programming, including fan favorites like Law and Order, Kevin Hart, Jimmy Fallon and the Summer Olympics. Xfinity X1 and Flex customers will get early bird access to Peacock April 15. Peacock will be available nationally on July 15.
Dana Neuts is Subscription Insider's Senior Staff Writer, covering our daily subscription news as well as member features, case studies, and reports.
Dana is also a writer, editor, marketing professional, speaker and the publisher of iLoveKent.net. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. She is the immediate past president of the Society of Professional Journalists. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!
If you are tired of political volleyball, check out this week’s subscription headlines. In this week’s news, YouTube TV announces new channels and new features, Facebook won’t stop political adv targeting or false claims under the new rules, and Netflix tests cheaper, mobile-only subscriptions. Also this week, Dwell launches a digital subscription as it names a new CEO, Mastercard launches its first music single, and Apple News reportedly expanded 18%, boasting 100 million daily users.
To cut costs, Tribune Publishing offered voluntary buyout packages to employees with eight or more years of service on Monday, reports the Chicago Tribune. The buyouts are available to qualifying employees at all of Tribune Publishing’s nine newspapers: Chicago Tribune, The Baltimore Sun, South Florida SunSentinel, Hartford Courant, The Virginian-Pilot, the New York Daily News, Orlando Sentinel, Daily Press and The (Allentown, Pennsylvania) Morning Call.
Subscription companies are starting 2020 strong with acquisitions, ad sales and inquiries into ad blocking companies. We’ll explore those topics in this week’s edition of Five on Friday: CBS All Access continues to do well with low subscription churn and higher ad sales; travel trends show that subscriptions and memberships are a solid strategy; Meredith will acquire crowdsourced recommendation platform SwearBy; The New York Times reports preliminary results for 2019; and Sen. Ron Wyden wants an investigation into the ad-blocking industry to see if Big Tech is buying them off.
ClassPass, the seven-year-old fitness and wellness marketplace, announced last week that it has raised $285 million in Series E funding. The funding round was led by L Catterton and Apax Digital and included additional investment by current investor Temasek. ClassPass said in the announcement that it would use the new funding to expand its international presence and to focus on growing its corporate wellness sales program. According to TechCrunch, ClassPass has raised close to $550 million to date and is now valued at $1 billion, giving it the coveted status of unicorn.
McClatchy is taking the 2020 presidential race seriously, and the publisher wants to make its mark with local coverage. To prove it, McClatchy has created a standalone subscription product, Impact2020, for “political obsessives” who want to examine the Democratic candidates, issues of the day, and the latest political news in a whole new way. Launched in November exactly one year before the election, Impact2020 (Powered by McClatchy DC) curates election coverage across McClatchy’s 30 newsrooms located in 14 states across the U.S. with reporters and editors in Florida, North Carolina, South Carolina, California, Missouri, Kentucky and Texas, among others. White House correspondents will also contribute to the coverage.
ast week, Digital Air Strike announced record 2019 results at CES 2020 in Las Vegas. The technology company reported record subscription growth of 32% compared to 2018, its highest year ever. In addition to being a featured panelist at the Automotive News Shift event, Digital Air Strike was named one of Arizona’s 20 biggest software companies alongside other tech companies like Axway, GoDaddy, Truyo and Cerner. The technology company offers a range of digital, social media response, consumer engagement and reputation management solutions, working with more than 5,000 car dealerships and other businesses in the U.S., Canada and abroad.
Starting off the new year strong, Procter & Gamble announced its plans to acquire the subscription-based, direct-to-consumer beauty brand Billie Inc. Billie, who calls itself the “new body brand,” will complement P&G’s growing female grooming product line which also includes Venus, Braun and Joy. The two-year-old, award-winning Billie offers premium personal care products for women including razors, shaving cream, body wash and body lotion. Terms of the deal were not disclosed.
In this week's subscription headlines, Netflix starts the New Year without 'Friends," McClatchy's financial distress has the company considering a sale, and Disney+ customers are canceling subscriptions after the Mandalorian season ends. Also this week, Comcast and Starz strike a deal, streaming channels score Golden Globes nominations, and Amazon's Twitch generated more revenue than YouTube gaming in 2019.
We are just 10 days into the New Year, and the international headlines are grabbing everyone’s attention. Check out today’s Five on Friday for a pleasant distraction. In this week’s edition, the Boardroom Salon for Men has made unlimited haircuts possible with a barber shop membership in select markets; Zuora discusses its thoughts on how subscriptions might be the future of banking; Apple’s App Store made more than $50 billion last year, but can it keep up the pace; Forbes thinks the 2020s are finally the right time for ebooks; and LinkedIn shares top subscription jobs.