In this edition of Five on Friday, Insider Guide to New Product Development Diane Pierson looks at new business opportunities, "good" leads, customer interaction, publishing and social media.
Rent is a really expensive monthly subscription to not being homeless. So say the folks on social media ... and the data backs them up. Moreover, a growing number of housing-as-a-service startups are seeing it that way too.
In this week's subscription news round-up, Conde Nast employees are anticipating 'heavy' cuts to editorial and business teams as the company's restructuring continues, and News UK gets creative to find funding sources, inviting six companies to its incubator program to help identify revenue streams. Also this week, we're reading about DirecTV getting hit with a $15 million bill due to some questionable tax reporting, Facebook trying to monetize its WhatsApp messaging app, and Apple biting into market share with its Accenture deal. We've got those headlines and more to kick off your weekend.
Last week WWE (NYSE: WWE) reported its fourth quarter and full year financials for 2016 with impressive results, including fourth quarter revenue of $194.9 million, a 17 percent increase, and total revenue for the year of $729.2 million, the highest in the company's history. Other highlights include net income of $8.0 million, or $0.10 per share, a big improvement over a $1.2 million net loss, year-over-year.
Last week, 9-year-old Care.com (NYSE: CRCM) released its quarterly earnings report, its first with new Chief Financial Officer Michael Echenberg at the helm. The earnings report was anxiously awaited by investors who have seen the company's stock price plummet by more than 70% since the company went public in January 2014, says the Boston Business Journal. There is some good news, though the company has a long way to go to be profitable. In its second quarter…
Whether you are new to the wonderful world of Harry Potter or a fan from the beginning, a new treasure awaits - Wizarding World Gold. For $75 (U.S.) or 59.99 (U.K.), the new subscription service offers Harry Potter fans everything from eBooks and exclusive series to priority ticketing and collectible pins. Fans in the U.S. and U.K. can pre-order the subscription now with more countries to follow in the coming months. Enhance your official Harry Potter Fan Club experience, says the Wizarding World website. Delve even deeper into the magical universe you love with this spellbinding annual subscription.
Earlier this week, Adobe (NASDAQ: ADBE) investors received an impressive financial report for Adobes second quarter of fiscal year 2019 for the period ended May 31, 2019. Adobe reported record revenue of $2.74 billion, a 25% increase year-over-year, driven by strong revenue in its Creative, Document Cloud and Experience Cloud segments. Adobe also reported diluted earnings per share of $1.29 (GAAP) and $1.83 (non-GAAP), beating analysts estimates for both revenue and profitability.
Cheddar TV, the streaming TV network for millennials, is growing. Last week the company announced it is taking its tech and business news show to the airwaves. Cheddar is partnering with iHeartRadio, SiriusXM, TuneIn, Amazon Alexa and Otto Radio to share its daily show from the trading floor of the New York Stock Exchange, news segments, top clips and market updates. The new Cheddar Radio content will range from headline stories to full simulcasts of live Cheddar programming. Mashable reports that Cheddar will make money from the radio deals on its branded content and a revenue share from advertising.
So it's that time of year, when the staff at Subscription Content disappears into the analog world to do analog things. (There's no proof, but some of us have been known to moonlight as Santa's elves or masquerade as those people who actually buy printed books.) We'll be returning on January 2, 2014, but in the meantime, we want to leave you with the top 10 most-clicked-on posts of 2013: #10. TheStreet Makes $10.4 Million from Online Subscriptions #9. Google…
Not satisfied with its 1.8 million paying subscribers and estimated online revenues somewhere between $300 million and $700 million, Ancestry.com has found a new way to capitalize on the exploding interest in genealogy and DNA testing.The site will begin an invitation-only offer to paying subscribers to get a DNA test for a one-time fee of $99. The information from that test will then be incorporated into their Ancestry.com account, allowing them to see if they're…