They’re calling it “the correction quarter” after the latest Netflix earnings report interrupted what had looked like an ongoing victory march for the streaming service during the pandemic period. Shares dropped 10 percent in after-hours trading. The great reckoning was over the growth of Netflix’s...
A new Best Buy membership program, Best Buy Beta, will offer free installation and unlimited technical support, among other benefits, Bloomberg reported. The company is looking to compete with Amazon and needs to expand beyond its retail base, according to Bloomberg. Some of the other...
Given the shocking number of things one can purchase on a subscription, it seems safe to say that the secret to subscriptions isn’t just the product itself. People buy fertilizer on subscription; they also buy international candies, duck blinds, animal feed, fireworks — you name...
It has been a banner year for meal subscription services, as restaurant closures prompted consumers to seek out new ways to meet their food needs. While stay-at-home mandates and consumers’ own contagion concerns provided these companies with a serious boost, as consumers sought non-restaurant ways...
The concept of cars on subscription has generated a lot of buzz in the last few years, but as of early 2021, it is still a work in progress. In 2018, both Audi and BMW announced subscription programs that would allow consumers to pay a...
Volkswagen wants to gauge customer interest in pay-per-mile billing and on-demand charges for optional car functions through a pilot subscription service due for unveiling this year. That’s according to the website Autocar, which reports that the German carmaker intends to test a subscription model on...
A new report from the Motion Picture Association (MPA) showed that, although the pandemic decimated 2020 box office numbers, subscriptions for streaming services topped 1 billion for the first time. The COVID-19 pandemic brought numerous challenges to economies worldwide, but the film, television, and streaming...
Remember the old joke about how cable offered the opportunity to have over 200 hundred channels of nothing to watch? As of today, that joke seems to apply to the world of video-on-demand (VOD) streaming. Okay, so maybe there aren’t 200 separate streaming outlets out...
We can’t say 2020 wasn’t a watershed for subscription models, as at least 75 percent of all U.S. consumers signed on for at least one of them as the year ended. This has led to a rush of all kinds of new subscription options –...
