Get the Payment Trends report form Worldpay. Here, we explore the people, places, and payments technologies that are - and are soon to become - pathways to the future of commerce.

ViacomCBS Reports Revenue Decline, Earnings Loss After Merger

Last fall, Viacom and CBS completed their merger, and it has taken a short-term toll on the company's finances. In its fourth quarter and 2019 year-end results, ViacomCBS reports total revenue of $6.9 billion, a 3% decline over the fourth quarter of 2018. For the fourth quarter, the company also reports an operating loss of $13 million and a net earnings loss from continuing operations of $273 million, or $0.44 per diluted share. "In less than three months since completing our merger, we have made significant progress integrating and transforming ViacomCBS..."

5 Billing Considerations for Scaling Your Subscription Business

The subscription business model offers companies a fast track to growth, offering just about anything from entertainment streaming services to renters' insurance. Yet to harness that growth potential, businesses need a subscription-centric billing solution that can keep up with their vision, market demands, and innovation in products and services. At a certain point, however, an upgrade from a legacy billing approach to a more capable billing platform is necessary to handle the volume and complexity of recurring revenue operations, as well as facilitate growth at scale. Here are five billing considerations to help guide your decision-making process.
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Subscription Insider is uniquely focused on the business of subscriptions.

Subscription Insider is uniquely focused on the business of subscriptions.
We deliver the information, training and research that subscription entrepreneurs, executives, and their teams need to support improved decision making, skills, and profitability.

Los Angeles Times Staff Get Voluntary Buyout Offers

Last week, The California Times, the owner of the Los Angeles Times, the San Diego Union-Tribune and several community papers, made voluntary buyout offers to staff with two or more years of service, reports CNN. Billionaire Dr. Patrick Soon-Shiong bought the newspapers in June 2018 from Tribune Publishing (previously called Tronc), returning the newspapers to local ownership. Employees were notified of the voluntary buyout offers via email.

5 Billing Considerations for Scaling Your Subscription Business

The subscription business model offers companies a fast track to growth, offering just about anything from entertainment streaming services to renters' insurance. Yet to harness that growth potential, businesses need a subscription-centric billing solution that can keep up with their vision, market demands, and innovation in products and services. At a certain point, however, an upgrade from a legacy billing approach to a more capable billing platform is necessary to handle the volume and complexity of recurring revenue operations, as well as facilitate growth at scale. Here are five billing considerations to help guide your decision-making process.
Hello! If you are a paying Subscription Insider Member, please log in below to continue reading. Otherwise, click subscribe below to enjoy access to all of our premium content.

Subscription Insider is uniquely focused on the business of subscriptions.

Subscription Insider is uniquely focused on the business of subscriptions.
We deliver the information, training and research that subscription entrepreneurs, executives, and their teams need to support improved decision making, skills, and profitability.

Weekly Subscription News: Learning, Lingerie and Luminary

This week's subscription headlines cover everything from annual learning subscriptions by Coursera and potentially deceptive business practices by Rihanna's lingerie line to testing subscription bundles and offering free content to nonsubscribers. In addition, Birchbox lays off workers (could this be a trend?); Luminary is expanding globally, which could create podcasting wars; and Downing Street wants BBC to switch to a subscription model.

Five on Friday: Goal Setting, Guidelines and Global OTT

Happy Friday, everyone! Knee deep in presidential debates and caucuses, we hope you are ready for a productive distraction with our Friday features. In this week's edition, we look at the global OTT market and its projected growth over the next five years. Also, the FTC is reviewing influencer and sponsored content guidelines, the Association of National Advertisers has a mixed reaction to the proposed privacy rules in California, Patreon is lending money to creators for big projects, and Shopify shares five tools for helping you achieve your 2020 goals.
Hello! If you are a paying Subscription Insider Member, please log in below to continue reading. Otherwise, click subscribe below to enjoy access to all of our premium content.

Subscription Insider is uniquely focused on the business of subscriptions.

Subscription Insider is uniquely focused on the business of subscriptions.
We deliver the information, training and research that subscription entrepreneurs, executives, and their teams need to support improved decision making, skills, and profitability.

Subscription Furniture Service Feather Raises $30M to Fund Expansion

Forget furniture rentals of the past with their heavy chrome and faux leather features. Feather, a new type of subscription furniture rental service with a modern sense of style, has just raised $30 million to fuel its expansion, reports Interior Design. The Series B funding round was led by Cobalt Capital and included participation from previous investors including Spark Capital, Kleiner Perkins, Bain Capital Ventures, Y Combinator, SV Angel, PJC, Fuel Capital and others. This brings the total equity funding raised to date to $46 million.

Nissan to Launch ‘Nissan Switch’ Car Subscription in Houston

Nissan is the latest automaker to take the subscription model for a test drive. Yesterday, Nissan announced it is launching, Nissan Switch, a new car subscription service in the greater Houston area. After paying a $495 activation fee, drivers can subscribe to Nissan Switch for $699 to $899 a month, plus $100 per day for up to seven days if driving the Nissan GT-R. As an added bonus, drivers can change vehicles in their tier as often as daily! Similar to other auto subscriptions, Nissan Switch's monthly subscription fee includes insurance, maintenance, roadside assistance, cleaning, taxes and more. Subscribers can sign up to drive a variety of models of Nissans without a long-term commitment. There is, however, a $200 pause fee for subscribers to put their subscriptions on hold.

YouTube TV Cuts Off Apple’s In-App Subscriptions Starting in March

Last week, Google's YouTube notified YouTube TV customers they won't be able to pay for their subscriptions via the App Store anymore, starting in March, reports Mac Rumors. Subscribers will have to find another way to pay for their subscriptions, or their subscriptions will be canceled altogether. Customers will be billed one final time through the App Store's in-app purchases, and then subscriptions will be canceled automatically either on their billing date or after March 13, 2020.

Weekly Subscription News: Streaming, Gaming and Ad Blocking

This week, we've got streaming, gaming and ad blocking news: Steam grows to nearly 95 million monthly active users, Netflix plans to use animation to complete with Disney Plus, and Google Chrome's new feature will block the most annoying video ads. Also this week, the 165-year-old Montgomery Sentinel closes up shop, Birchbox lays off half of its New York City staff, and Paystand raises $20 million to give businesses a frictionless, open infrastructure option for commercial finance.

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