On Wednesday, digital media site Slate Magazine announced it was launching a metered paywall to get more readers to join Slate Plus,...
Amazon has temporarily shut down its Prime Pantry service because the company could not keep up with the high volume of orders coming in as consumers try to stock up in the wake of the coronavirus.
As the coronavirus pandemic continues, more subscription companies are hopping on the bandwagon to make working from home and social distancing a bit easier....
As the nation struggles to stop the spread of the coronavirus, Amazon is stepping up in a big way. The company announced it...
This week Super Tuesday, tornadoes and the coronavirus dominated headlines, all of which impacted subscriptions in some way, whether through news coverage or an impact on news advertising. In Five on Friday, we share The New York Times' belief that panic and uncertainty about the coronavirus will impact its digital ad sales. We've also got features on Walmart's bid to compete with Amazon Prime with its own delivery service, Rent the Runway's new "2 Swap" subscription tier, customer retention strategies to try now, and top subscription jobs.
Get handcrafted, pre-dinner drinks delivered right to your door, thanks to a new aperitif membership program. Last week, Haus announced that it raised $4.5 million in seed funding, reports FoodBev. The funding round included 10 funds and 100 individual investors. Founded last June, Haus will use the funding round to expand its operations and launch Haus Membership, a free-to-join monthly membership program that gives members access to exclusive flavors, product discounts, free shipping and members-only events.
Ecommerce giant Amazon (NASDAQ: AMZN) finished 2019 strong, reporting impressive fourth quarter and year-end results last week due, in part, to strong holiday sales. Amazons net sales for the quarter increased by 21% to $87.4 billion, compared to $72.4 billion for Q4 2018. Net income increased to $3.3 billion, or $6.47 per diluted share, compared to $3.0 billion, or $6.04 per diluted share, in the prior year quarter. For the full year, net sales were up 20% to $280.5 billion, compared to $232.9 billion in 2018. Net income for the full year was $11.6 billion, or $23.01 per diluted share, compared to $10.1 billion, or $20.14 per diluted share.
It is hard to believe that we are four weeks into the new year already. We hope your year is off to a great start! As we look ahead to 2020, others are looking at 2019 results and planning for the coming year. In this week's edition of Five on Friday, The Guardian and Digiday report that publishers are losing digital ad revenue because of blacklisted content, Amazon Prime grows to 112 million U.S. members, the governor of Kansas proposes taxation of digital streaming services, Americans spent more than $25B in home entertainment last year, and 2Checkout shares eCommerce trends to watch for in 2020. As an added bonus, House of Kaizen shares a new subscription job opportunity. Have a great week!
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 Publishings 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.
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.