Spotify Technology on Tuesday (July 21) augmented its big push into podcasting with a major new offering, as the music streaming service announced plans to let select creators roll out videos along with their core audio offerings. Promising a “visual and audio feast,” Spotify said...
Shares of Twitter surged Wednesday (July 8) after an apparent job listing spilled the beans on the social media giant’s budding efforts to build a subscription service. The company’s stock price jumped 7.3 percent to $35.41 a share on the heels of a flurry of...
Stitch Fix is making a change to its business model that could prove consequential for the fashion apparent retailer and personal-styling service. As part of its quarterly earnings announcement Monday (June 8), the company said it will change the structure and accessibility of its direct-buy...
Samsung‘s Galaxy S20 model, sitting at around a $1,000 starting price, will now be bundled with Microsoft 365 and other features at a bargain to offset the cost, according to an Engadget report. The new package, called the Access package, includes the phone, the Microsoft...
As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Telecom companies are offering reimbursements for subscriptions for live sports satellite television. The DirecTV business of AT&T is providing MLS...
Those who haven’t used their Netflix accounts in a year will see an email this week asking if they still want to subscribe, and those who don’t reply will likely find their accounts canceled, according to the streaming giant. In a blog post, Netflix director...
In its fiscal 2020 Q1, streaming platform Netflix reported adding nearly 16 million new subscribers and blasting net income into orbit at $709 million, more than double its Q1 2019 performance. Evidently, this can happen when the world goes on lockdown for an entire season....
For software providers, churn is the enemy against which they are always fighting — in both its voluntary and involuntary forms. That’s for good reason, Software-as-a-Service (SaaS) provider FastSpring’s Chief Financial Officer Sian Wang explained to PYMNTS in a recent conversation. Acquisition costs are high...
Consumers are treating spending very differently today than they were even eight weeks ago. That fact is increasingly underlined in a variety of data streams: recent PYMNTS consumer surveys, the earnings reports of the card networks, early information on how stimulus funds are being spent –...
