Didn't get to all those summer beach reads? Walmart's got you covered with its new eBook service called Walmart eBooks. This Wednesday, Walmart announced its partnership with Rakuten Kobo, a Canadian eBook and audiobook company. Walmart eBooks will give readers access to more than 6 million titles, as well as an audiobook subscription service. For a monthly subscription fee of $9.99, book lovers get one free audiobook per month.
Epic!, a digital book subscription for children, has raised $8 million in Series C funding, led by Reach Capital. This latest funding round brings the total raised to date to $21.4 million in venture capital. Other investors who contributed to the funding round include TransLink Capital, Rakuten Ventures, Menlo Ventures, WI Harper, Brighteye Ventures and Innovation Endeavors. According to the announcement, the company will use the new funding to boost its growth, expand its team and build out its platform for school and home use.
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.
There's a lot of information out there about mobile email, but how much of it is specific to subscription sites? Justine Jordan, mobile email guru, guides this four-part how-to on optimizing your emails for mobile viewing. Learn which strategy is best for your site, how to design mobile-friendly emails, the Dos and Don'ts of usability, and much. Includes great samples and resources!
Last week Dow Jones CEO William Lewis announced major organizational changes, including the creation of a new publishing unit, Dow Jones Media Group. "I am pleased to announce some important structural changes to Dow Jones. These developments build on the excellent work already done over the past 18 months and will provide the platform the company needs to achieve our shared objectives," Lewis said.
What's better than winning a Pulitzer? Making money off of it. (OK, maybe not. But it's a nice financial cherry on your editorial sundae.) The dark horse pick and winner of this year's Pulitzer for national reporting was InsideClimate News, a nonprofit niche publication covering climate and energy news with a completely virtual staff. There's a lot to be said for the small publication's editorial coup, but from a business angle, the most interesting fact was that shortly…
Day #4 of Subscription Show 2020 included a VIP session with Robert Skrob of Membership Services, sessions, demos and more.
TGIF. You made it to the end of the week! Woo hoo. Kick back, relax and take a few minutes to skim our weekly Five on Friday. In this weeks edition, we bring you top subscription jobs, Pew Research Center shares the latest research on Twitter bots, Ann Handley talks about the trend toward long-form content, Digiday reports on news publishers seeing an influx of subscriptions from an interest in local politics, and Hubspot shares top marketing design trends for 2018.
Houghton Mifflin Harcourt is restructuring the company, which includes laying off 525 and focusing on recurring subscription revenue.
All-you-can-read subscription service Scribd is evolving once again, adding newspaper content including articles from The New York Times, Financial Times, Wall Street Journal, the Guardian, NPR and ProPublica, reports Publishers Weekly. Scribd is not, however, changing its pricing. Subscribers will still pay $8.99 a month for access to three books, one audiobook and unlimited access to select magazines, news articles and documents, following a 30-day free trial. Scribd does not plan to offer breaking news, but it will focus on national and international stories, particularly longform, evergreen content curated by former journalists.