Psychotherapy.net Garners Seven Figures with Innovative Video Streaming for Professional Development
Nineteen years ago, psychotherapist Dr. Victor Yalom had a vision to capture the teachings of his mentor Dr. James Bugental on video for training purposes. That vision has turned into a seven-figure online subscription business that offers education and training to clinical psychotherapists across the country.
Last Friday, after more than 6 months of contract negotiations, the University of California terminated their multi-million dollar subscription with Elsevier, the world's largest scholarly publisher. UC's goal in negotiating the contract was to contain costs for its 10 campuses and authors while ensuring its published materials, which account for close to 10 percent of all U.S. publishing output, are immediately available to global readers without cost. Instead, Elsevier wanted to charge UC authors large publishing fees in addition to the university's nearly $11 million subscription deal.
Sixteen months after its launch, education and technology company Cengage has sold 2 million Cengage Unlimited subscriptions, saving college students an estimated $125 million in digital textbooks, ebooks, study guides and other online resources. The subscription program is expected to save students a total of $160 million by the end of the current academic year. The subscriptions are all-inclusive. For one flat-rate, students get unlimited access to Cengages full library of online materials for a term, ranging from four months to two years.
PayPal customers can use platform to raise 20K, BuzzFeed will buy HuffPost, and Kahoot is launching an educational game subscription service.
Last week LinkedIn (NYSE: LNKD) announced new premium features to its two consumer subscriptions, Premium Career and Premium Business, in a blog post by Gyanda Sachdeva, senior director or product management. In addition to the new premium features, subscribers will receive unlimited access to LinkedIn Learning and LinkedIn Salary.
Yesterday Scribd announced it is adding new premium content for subscribers, including free access to music, movies, documentaries, comics and more.
Inside Expert Profile: Rich Kreisman Demystifies and Explains the Content Acquisition & Content Licensing Market
Content drives websites, software and mobile applications.But creating great content is expensive. It requires deep expertise in a particular subject. Content Acquisition & Content Licensing expert Rich Kreisman explains how to acquire and license content to help grow your brand and customer base.
The FTC just announced another settlement against an online marketer for millions, this time $10,000, against its acquisition of new consumers for its online subscription services without complying with federal law, in particular the Restore Online Shoppers Confidence Act (ROSCA). Lisa B. Dubrow, Esq. explains.
In its first quarter financials, Franklin Covey Co. (NYSE: FC) reports a strong start to its fiscal year 2019 for the period ended November 30, 2018. Highlights include net sales of $53.8 million, an increase of $5.9 million or 12 percent; gross profit of $36.8 million, an increase of $3.9 million or 12 percent; and cash flows from operations of $8.1 million, a $5.8 million or 248 percent increase year-over-year. The organizational improvement firm attributes its successful quarter to its transition to a subscription-based model in its Enterprise Division.
Tracks, tiers and textbooks top the subscription news headlines this week. Cengage launches a $69.99-per-semester subscription tier for students who cant afford or dont need Cengage Unlimited; SoundCloud, now boasting more than 200 million tracks, hits revenue over $200 million; and The Daily Telegraph ditches circulation audits to focus on subscribers first. Also this week, Chase offers DoorDashs DashPass as an incentive to credit card customers, Noom quadruples revenue (again), and Luminary drops its price to lure more content and subscribers.