Five on Friday: Teslas, Tacos and Targeting

Five on Friday: Teslas, Tacos and Targeting

Amazon eyes Sunday Night Football, Taco Bell tests taco subscription, and Quora launches Quora+.
Substack Acquires Subscription-Based Social App Cocoon

Substack Acquires Subscription-Based Social App Cocoon

Substack is acquiring Cocoon, a subscription-based social app. Cocoon will remain independent.
Spotify tests lower priced ad-supported tier

Spotify Reports Subscriber and Revenue Growth in Q2, Ahead of Expectations

Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
Mighty Networks Raises $50M to Expand Online Community Platform

Online Community Platform Mighty Networks Raises $50M to Expand

Online community platform Mighty Networks raises $50 million to expand and offer opportunities to more creators.
Verizon Media Group bets big on Yahoo Plus.

Verizon Media Group Bets Big on Yahoo Plus Subscriptions

Verizon Media bets big on Yahoo Plus premium subscriptions including Mail, Finance, Protect and Fantasy.
Dating App Bumble Raises $2.2 Billion in IPO

Dating App Bumble Raises $2.2 Billion in IPO

Female-focused dating app Bumble raised $2.2 billion in its initial public offering last week, making 31-year-old CEO a billionaire.
Spotify tests lower priced ad-supported tier

Spotify Ends 2020 with 155 Million Premium Subscribers

In streaming audio platform Spotify's fourth quarter financials, the company reported 155 million premium subscribers, a 24% increase.
Peacock Gains Subscribers and Advertisers While Losing Millions

Peacock Hits 33 Million Sign-ups Since Launch

Just nine months after its April 2020 launch, ad-supported streaming video subscription service Peacock hits 33 million sign-ups.
Twitter acquires Revue to help publishers, writers and creators monetize content through paid newsletters.

Twitter Acquires Revue to Help Creators Monetize Content Through Paid Newsletters

Yesterday Twitter announced their acquisition of Revue, a tool that helps writers and creators monetize content through paid newsletters.

Real-Time Payments: The Future for Subscriptions

While credit cards are popular, real-time and alternative payments are the wave of the future. Subscription companies that adopt real-time payments will improve revenues, reduce payment churn, and burdensome payment processes.

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