Shares in Walt Disney surged on Wednesday (Nov. 13) amid news of 10 million signups for its Disney+ streaming service, according to a report by Reuters. The company cited “extraordinary customer demand,” and shares were up 3.5 percent. The results put Disney in league with...
Popular publishing platform WordPress.com has teamed up with payments company Stripe to add a subscription or recurring payments option, enabling users to generate regularly scheduled payments from customers or fans, according to a report. The feature is available to all WordPress.com sites that are on...
In non-iPhone Apple news, last month the tech company introduced a “grace period” for lapses in app store subscriptions. Apple’s grace period can last for six or 16 days, depending on whether the subscription duration is weekly, monthly or longer. To the benefit of merchants,...
A new survey suggests that Netflix users won’t jettison the service when new offerings from Apple and Disney launch in the next few weeks, and if anything, users may add multiple services and spend less on traditional TV. CNBC is reporting on a survey by...
Despite the popularity of subscription commerce, it can be a volatile market. In any given week, some companies fizzle out while others forge ahead. Last week, MoviePass announced the curtains would be closing on the subscription service. MoviePass had millions of subscribers and a much-beloved...
The too-good-to-be-true subscription service MoviePass has shut down after an official two-year run and millions of users, The New York Times reported Friday, Sept. 13. The subscription service offered customers various plans to see up to a movie a day in theaters for less than...
Turn off that TV show or movie — even if you are binge-watching this holiday weekend, just take a minute away from the addictive content — and wish a hearty happy birthday to the force more or less behind all your home-entertainment enjoyment. Yes, Netflix is...
Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey) exercise hardware with content (classes and music). The recurring revenues may be attractive, but risks and red ink abound.
Fitbit, in a shift away from hardware and toward content, has introduced a $10 monthly premium subscription service, according to a report. The announcement was made at an event this week in Manhattan, where the company touted its services and software. It also discussed two...
