The Street Reports 16 Percent Decrease in B2C Q4 Subscription Revenue
Average monthly churn, however, improved 10 percent year-over-year.
Last week The Street (NASDAQ: TST) reported its fourth quarter and full year 2016 financials, including a 16 percent decrease in subscription revenue in the fourth quarter. This was offset by a 1 percent increase in the average revenue per subscription. Also, average monthly churn during the fourth quarter improved 10 percent year-over-year. For the full year, premium newsletter revenue decreased $4.2 million, a 14 percent decrease year-over-year with a 2 percent decline in average rate per subscriber.
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