subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
November 12, 2024  |  Earnings

Dave, the neobank and cash advance app singled out in an Federal Trade Commission (FTC) complaint last week, Tuesday (Nov. 12) announced compliance-oriented changes to...

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Facebook Slashes Price for Ad-Free Subscriptions in Europe
Facebook Slashes Price for Ad-Free Subscriptions in Europe
November 12, 2024  |  Subscriptions

Meta is lowering the price of ad-free subscriptions for European Facebook and Instagram users. The social media giant is reducing the price of those subscriptions...

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Lowe’s Targets Subscribers With Personalized Home Repair Support
Lowe’s Targets Subscribers With Personalized Home Repair Support
November 04, 2024  |  Subscriptions

The Lowe’s Digital Home Platform, announced by the home improvement retailer Monday (Nov. 4), gives members of the MyLowe’s Rewards program access to free, personalized...

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NY Times Sees Digital Subscriptions Slow as Consumers Cut Spending
NY Times Sees Digital Subscriptions Slow as Consumers Cut Spending
November 04, 2024  |  Subscriptions

The New York Times has reportedly seen digital subscriptions slow amid weakened consumer spending. The media company added 260,000 digital-only subscribers during its third quarter,...

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GoodRx Launches eCommerce Platform With Contraceptive Maker Opill
GoodRx Launches eCommerce Platform With Contraceptive Maker Opill
October 31, 2024  |  eCommerce

Online subscription platform GoodRx entered the over-the-counter market with its new eCommerce service. “The introduction of this new eCommerce service is part of GoodRx’s broader...

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Peloton Picks Apple Fitness+ Vet Peter Stern as New CEO
Peloton Picks Apple Fitness+ Vet Peter Stern as New CEO
October 31, 2024  |  Personnel

Peloton appointed the co-founder of Apple Fitness+ to serve as its new leader. Peter Stern, who joins the digital fitness brand from a position at...

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X Doubles API Price and Adds Subscription Discounts
X Doubles API Price and Adds Subscription Discounts
October 30, 2024  |  Social Commerce

X is hiking its API pricing while introducing discounted annual subscription rates. The Elon Musk-owned social media platform has increased the cost of its basic API...

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Subscription Economy Veteran Sounds the Alarm on Hidden Cost of Churn
Subscription Economy Veteran Sounds the Alarm on Hidden Cost of Churn
October 29, 2024  |  Subscription Commerce

Subscription businesses live and die by customer loyalty — yet many don’t see the full price tag of customer churn until it’s too late. “Recurring...

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Consumer Subscriptions Account for 75% of OpenAI’s Revenue
Consumer Subscriptions Account for 75% of OpenAI’s Revenue
October 28, 2024  |  artificial intelligence

Seventy-five percent of OpenAI’s revenue reportedly comes from consumer subscriptions. OpenAI Chief Financial Officer Sarah Friar also told Bloomberg TV Monday (Oct. 28) that the...

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