Netflix and Nickelodeon have agreed to a multi-year deal to produce original animated shows and feature films for kids and families worldwide. The programming will be based on popular Nickelodeon characters along with new ones. The companies have previously worked together bringing shows like Rocko’s Modern Life: Static Cling and Invader Zim: Enter the Florpus to Netflix. Netflix subscribers can also look forward to upcoming specials including The Loud House and Rise of the Teenage Mutant Ninja Turtles. The news comes just one day after the premiere for Disney+, the new direct-to-consumer streaming subscription service.
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!
Disney+ wasn’t the only subscription service making headlines this week. Dropbox topped revenue and profit expectations, Bustle eliminated longtime editors and staff to prepare for a major site relaunch, and NBA TV launched its own direct-to-consumer subscription video service. Also this week, Esquire is trying a micro-membership model, RingCentral stock is growing, and Apple’s CEO is hinting at a major business model change.
In this week’s edition of Five on Friday, we review the FTC’s new advertising disclosure guidance for online influencers; Ken Doctor announces the 2020 launch of his new venture, Lookout Local; now live, Disney+ shares details about its bundled offer with Hulu and ESPN+; the ‘Hunt A Killer” mystery game is raking in $2 million a month in subscription revenue; and NewsGuild-CWA says the Gatehouse-Gannett merger will hurt journalism.
After much anticipation, Disney launched its own streaming service – Disney+ – on Tuesday, but the service was plagued with technical difficulties on its first day, reports Recode. Frustrated subscribers turned to social media (#DisneyPlusFail) to air their concerns with “unable to connect” messages, slower-than-anticipated speeds and other problems. Some subscribers were understanding, as big technology launches almost always have some bugs, while others felt like Disney should have anticipated the problem.
Dell (NYSE: DELL) hopes to make the lives of its business clients easier with the launch of Dell Technologies On Demand. This new set of offerings combines an end-to-end portfolio of consumption-based and as-a-service products that give business clients the flexibility and agility of the cloud, along with the control, performance and predictability of on-premises IT infrastructure. “The multi-cloud world is here and will only grow, which means customers need on-demand and consistent infrastructure that yield predictable outcomes across all of their clouds, data centers and edge locations..."
Meredith Corp (NYSE: MDP) reported decreases in revenue and earnings for the first quarter of its fiscal year 2020 for the period ended September 30, 2019. Total company revenues from continuing operations were $725 million, compared to $774 million for the same period last year. The prior year period, however, included $33 million in high-margin political advertising for the Local Media Group, which the company did not have this year. Earnings from continuing operations were $12 million, down from $16 million for the same period last year.
Google (NASDAQ: GOOGL) is getting into the fitness wearables business. The technology giant announced last week that it is buying Fitbit (NYSE: FIT) at $7.35 per share in an all-cash worth approximately $2.1 billion. The deal is expected to close next year, subject to regulatory approval, approval by Fitbit stockholders and standard closing conditions.
Six months ago, in an unprecedented move for a legacy newspaper, the 148-year-old Salt Lake Tribune applied for nonprofit status with the Internal Revenue Service. In doing so, owner Paul Huntsman agreed to turn over ownership of the newspaper to a public board of directors. On October 29, the IRS approved the newspaper’s request for 501(c)(3) nonprofit status, making it possible for supporters to make tax deductible donations to support the newspaper’s work. The approval, which came sooner than expected, is the first time the IRS has granted nonprofit status to a daily newspaper.
This has been an amazing week as we held our first three-day Subscription Show. That didn’t stop the subscription news world though. Here are some of the latest subscription headlines: Sprout Social files to go public, Apple hinted at a subscription-based iPhone, and Zuora’s stock is lacking. Also in the news, EA games are returning to stream, NBC might offer Peacock free, and Netflix is getting into the podcasting business.
This week was nothing short of amazing, as we wrap up our very first Subscription Show. Thanks to our sponsors, keynotes, speakers, vendors and attendees for making this conference both useful and fun, chock full of great ideas and techniques to grow our subscription businesses. Here’s what else is happening in the subscription world: Amazon will earn close to $10B in net digital ad revenue this year, Dropbox is making its file transfer service available to all users, Netflix says it is compatible with certain Roku and Samsung devices, Apple plants seeds for subscription growth, and Hubspot shares social media marketing tips.