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 –...
Disney+, the Disney-owned movie and TV streaming service, has surpassed 100 million subscribers as of Tuesday (March 9), CNBC writes, just 16 months since its launch. The change comes as Disney sees success off its recent Marvel Cinematic Universe (MCU) series “WandaVision” alongside two seasons...
The pandemic period has acted as a powerful tailwind for consumer interest in subscriptions. Consumers are signing onto new subscription services by the day, and firms are working overtime to figure out how they can leverage the rising tide of consumer interest to expand their...
Will the boom in subscription growth during the pandemic lead to retention challenges — and a scramble to reduce churn? That growth, according to PYMNTS November Subscription Commerce Tracker, has produced 10 million new digital subscriptions in the first half of 2020. But only a few...
