Subscriptions

Subscriptions
X Tests Three Tiers of Paid Accounts
October 06, 2023

Social media platform X is reportedly testing three tiers of premium service.  The company formerly known as Twitter is considering splitting its current $7.99 per month plan into Basic, Standard and Plus variations, allowing it to charge customers different amounts based on the number of ads...

Subscriptions
Taco Bell Revives Subscription as Restaurants Seek New Loyalty Incentives
October 03, 2023

As restaurants look to drive traffic and frequency, Taco Bell is bringing back its taco subscription. The quick-service restaurant (QSR) giant announced Tuesday (Oct. 3) that it is bringing back its Taco Lover’s Pass, offering loyalty members one free taco a day for 30 days...

Subscriptions
Loyal Subscribers Account for Nearly 80% of Subscription Merchant Revenue
October 03, 2023

In the highly competitive world of retail subscription commerce, winning over loyal customers is crucial for providers to secure a lion’s share of revenue. In “How Retail Subscription Merchants Can Win and Retain High LTV Customers,” PYMNTS Intelligence draws on a survey of nearly 2,100...

Subscriptions
TikTok May Join Other Platforms With Ad-Free Subscription
October 02, 2023

TikTok is testing an ad-free monthly subscription plan. Code within the short-form video app suggests that the platform is exploring this new option, Android Authority reported Monday (Oct. 2). Reached by PYMNTS, a TikTok spokesperson said this offering is being tested in one market outside the United States....

Subscriptions
Report: Affirm Explores Subscription Service to Diversify Revenue Sources
September 21, 2023

FinTech company Affirm is reportedly exploring the introduction of a subscription service called Affirm Plus. The potential service aims to offer upgrades for both its buy now, pay later (BNPL) plan users and savings account holders, Bloomberg reported Thursday (Sept. 21). It was discovered within the code of Affirm’s...

Subscriptions
Snapchat+ Surpasses 5 Million Subscribers as It Adds Exclusive Features
September 21, 2023

Snap, the parent company of Snapchat, has reportedly surpassed 5 million subscribers for its paid service, Snapchat+. That total is up from 3 million subscribers in April, and marks a milestone on the company’s strategic shift toward generating new revenue streams, Bloomberg reported Thursday (Sept. 21). With 5 million...

Subscriptions
Musk: X to Introduce Paid Subscription to Deter Bots
September 18, 2023

Elon Musk is reportedly aiming to combat the proliferation of bots on X, formerly known as Twitter, by introducing a small monthly payment for the use of the X system. The CEO of X, SpaceX and Tesla revealed this and other plans for the platform...

Subscriptions
Report: Disney+ Faces Subscriber Shortfall After Price Hikes
September 14, 2023

Walt Disney Co.‘s streaming service, Disney+, has reportedly encountered obstacles in meeting its subscriber targets, according to sources familiar with the matter. The company’s goal of reaching 215 million to 245 million subscribers by 2024, set by former CEO Bob Chapek in August 2022, is...

Subscriptions
Apple TV and Major League Soccer See Surge in Subscriptions
September 05, 2023

The recent debut of soccer legend Lionel Messi in Major League Soccer (MLS) with Inter Miami CF has caused a buzz worldwide — and a surge in subscriptions for MLS Season Pass, a streaming service exclusively launched with Apple. The service gained 110,000 subscribers on the day of Messi’s debut with the team...