Netflix was liberal in its layoffs on Tuesday (March 17), cutting 150 positions out of its 11,000-strong workforce due to slower revenue growth, Deadline reported. The lost positions are mostly from the U.S. and a lot of them were from both film and TV creative...
Global technology provider and specialist distributor Westcon-Comstor is rolling out a flexible payment solution for the IT space to address the shift the tech industry has undergone from traditional resale models to subscription-based offerings, according to a press release Tuesday (May 17). The company said...
The PlayStation Plus subscription service will reportedly relaunch only in Asia for PlayStation and PC platforms for now, a report said, contrasting what the company initially said would happen. Other region relaunches will happen, though not until June. Sony has reportedly begun doing this in...
The average subscriber has dropped one of their five retail subscriptions since October, according to “Subscription Commerce Conversion,” a PYMNTS and sticky.io collaboration based on a survey of 1,919 U.S. consumers. Get the report: Subscription Commerce Conversion The average subscriber had four retail subscriptions in...
Looking for loyalty among millennial subscribers and their closest cohorts? Look to your feature set and make sure it’s flexible and delivers value to these choosy consumers. At a high level, PYMNTS found that estimated total monthly expenditure on subscriptions declined by 46% in March...
A combination of factors are bringing change to the subscription sector as pandemic living normalizes and more people engage with physical businesses, and inflation presses down. According to The Subscription Commerce Conversion Index, a PYMNTS and sticky.io collaboration, by March 2022, data showed that roughly...
There’s been a lot of talk about homes in the past couple of years, with people sheltering in place, working from home, remodeling their homes and watching the soaring value of their homes. This has highlighted — or driven home, if you will — the...
2021 proved a difficult year for meal kit subscription companies, with consumers’ return to lives away from home counteracting the boost they saw during quarantine. Now, after a period of difficulty, New York City-based meal kit company Blue Apron might be coming out of the...
Two words: Digital, English. Those are the strategies that France’s Le Monde, a dominant force in the local publishing space with 70% market share, is pinning its hopes on to secure its place in this new era of digital transformation. According to Louis Dreyfus, the...
