Subscription Insider announced today its Call for Speakers for Subscription Show 2019. Subscription Show 2019, an industry conference focused on the business of subscriptions, will be hosted at the Seaport World Trade Center in Boston, MA, Nov. 4-6, 2019. Subscription Insider will be accepting speaker proposals through February 1, 2019.
Streaming music service Spotify has filed an antitrust claim against Apple with the European Commission, reports CNBC. Spotify, which launched in 2006 and is based in Sweden, claims the so-called Apple tax of 30 percent is unfair and deprives consumers of choice. It also gives Apple an unfair competitive advantage, not just over Spotify but over other streaming and subscriptions services consumers access via the App Store. Services must either mark up their fees by 30 percent to recoup the loss or eat the 30 percent fee that Apple takes off the top.
Last week SiriusXM Radio Inc. agreed to pay $150 million in unpaid royalties to SoundExchange, Inc., settling all outstanding claims and lawsuits for the period from January 1, 2007 through December 31, 2017. According to a filing with the Securities and Exchange Commission, Sirius XM will pay SoundExchange in a lump sum on or before July 7, 2018, one month after coming to the agreement. SoundExchange is a nonprofit that manages sound recording and music works, including collecting and distributing royalties.
This weeks subscription news features everything from gaming and productivity tools to reading and music subscriptions: Quartz lays off business-side employees for the second time this year, Slack goes down due to connectivity issues, and Twitch launches an exclusive subscriber-only stream which might violate its terms of service. Also, Apple Music surpasses 60 million subscribers, Bustle buys Nylon and Nintendo Switch Online is considering adding retro games and other classic systems to its service.
Last week, News Corp posted strong subscriber growth for the second quarter of fiscal year 2020, including significant milestones. The Dow Jones now has more than 3.5 million subscribers, and The Wall Street Journal has exceeded 2 million digital-only subscribers. Total digital subscriptions at Dow Jones increased 17%, while The Wall Street Journal's increased by 13%. Circulation and subscription revenue increased 3% due, in part, to Dow Jones' consumer products which had a 5% increase in circulation revenue. Dow Jones' consumer products reached 3.4 million total subscribers, an 8% increase.
Apple started the month off right with a strong earnings report on November 1 for its fiscal fourth quarter ended September 28, 2018. Among the highlights are quarterly revenue of $62.9 billion, a 20 percent increase year-over-year, and quarterly earnings per diluted share of $2.91, representing a 41 percent increase over earnings for the same period last year. International sales made up 61 percent of revenue for the quarter. Of particular note was the company's Services revenue which hit an all-time high of $10 billion, an increase of $2.1 billion, or 27 percent, over the same period last year.
Are you considering crowdfunding to launch or scale your subscription business? Make sure you understand the global trends and key players in crowdfunding before you get started, so you are educated. In this Subscription Insider STATPACK, we look at crowdfunding. We examine crowdfunding volume worldwide, crowdfunding campaign data, global platform data, insight into selected crowdfunding platforms, as well as US and Canadian crowdfunding data. Download the 63-page PowerPoint with 26 charts and graphs, with two embedded excel workbooks to access all the research and data.
In this weeks subscription headlines, weve got everything from operational failures to technology wins for publishers. Here are few of the weeks highlights: Rent the Runway stopped accepting new subscribers because of warehouse issues and delayed orders, YouTube Music replaces Google Play Music on Android devices, and GateHouse and Gannett passed a key regulatory hurdle. Also this week, Uber is adding more services, AT&T vows to hang onto DirecTV despite subscriber losses, and Rachael Ray Everyday is going to a quarterly, newsstand-only magazine.
Happy Valentine's Day! In this week's edition of Five on Friday, we share highlights from Blockthrough/PageFair's 2020 adblocking report to see how adblocking is moving to mobile, YouTube's advertising revenue hits a staggering $15 billion in 2019, Content Marketing Institute schools us on what we need to know about vanity metrics, Canada warns brands and influencers to follow the rules, and Flipboard launches a subscription video service.
In this week's subscription headlines, The Verge reports that Amazon is working on a new Prime Video interface for mobile, Tableau's transition to the subscription model is working, and Apple's Tim Cook drops hints about Apple's plans for video. Also this week, Warner Music acquires Uproxx, FX makes its ad-free FX+ platform available to all subscribers, and Rooster Teeth creates a $2.5 million development fund for animation creators.