Subscriptions evolve: News from Prime, X, Netflix & Meta

Welcome back to Subscriptions Weekly! This time, we review Prime’s plans for ad-free streaming options, X’s new features for Premium members, Netflix’s last red envelope send, and Meta’s VR subscription bundle.  Amazon to roll out ads on Prime Video in 2024 Prime Video will join streaming rivals in rolling out...

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Scaling subscriptions: Payments and compliance best practices

The digital subscription economy is expected to reach $1.5 trillion by 2025. Both digital and traditional businesses like hotels and automotive companies are shifting to a recurring business model to improve customer loyalty. As the industry matures, consumers have higher expectations when choosing subscription services, demanding smooth, predictable, convenient...

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Brands offer subscriptions, users love them: News from X, Snapchat & Disney

Welcome back to Subscriptions Weekly! This time, we review the potential X subscription service, Disney+’s subscriber shortfall, Roblox's new in-experience subscriptions, Snapchat+’s user growth, and Revel’s successful fundraising for car subscription expansion.  Twitter, now X, is moving to a small monthly subscription Elon Musk discussed his plans for X–he said...

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Holiday shopping 2023: Consumers want to gift & receive subscriptions

The holiday season is near, and both businesses and consumers are preparing for the upcoming festivities. While economic conditions may affect spending, 53% of consumers are interested in giving gift subscriptions this year, according to our recent survey for 2023 holiday shopping trends. We asked 2,000 consumers in the...

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Subscriptions everywhere: News from The Economist, Deezer, Dancer & Caravelo

Welcome back to Subscriptions Weekly! This is a very international edition–we’ll review The Economist’s new subscription tier, Deezer and Universal’s artist-centric streaming model, Dance’s e-bike subscriber growth, Caravelo’s funding to expand all-you-can-fly subscriptions, and a special invite to Subscription Sessions–the industry event of the year.  You're invited to Subscription Sessions:...

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Understanding GAAP – ASC 340-40

The Accounting Standards Codification (ASC) is essential in keeping the integrity and consistency of financial reporting in the United States. Besides ASC 606 compliance, the ASC 340-40 has set criteria for firms to capitalize on short-term contract acquisition expenses. In this article, we’ll explain the definition, process, and considerations...

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Give subscribers what they want: News from Disney+, BMW, Spotify & Patreon

Welcome back to Subscriptions Weekly–the newsletter that keeps you on top of subscription content. In this issue, we review Disney+ price cuts, BMW’s refocus on subscription services, Spotify’s premium content testing, and Patreon’s new features for creators.  Disney+ cuts price to $2 in limited-time offer For the next two weeks,...

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What is Annual Recurring Revenue (ARR)?

Whether you offer short-term contracts or multi-year contracts, annual recurring revenue (ARR) is a key metric for businesses studying the financial health of their subscription model. Like every other company, subscription brands like BarkBox, Twitch, FabFitFun, Sling, Blue Apron, and Dollar Shave Club were shocked when the COVID-19 pandemic...

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Key subscription business metrics

Monitoring acquisition, revenue, and retention numbers are vital to your business's success. Metrics provide valuable insights into your company, offering a clear understanding of its performance and helping you make informed decisions. By monitoring key performance indicators (KPIs), businesses can assess their financial health, identify areas of improvement and expansion,...

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A definitive guide to recurring billing and subscription commerce

Recurring billing powers many of the services that both businesses and consumers use, rely on, even love every day. These automatic payments handle all the payment details on a regular schedule without each person (from customer to payment processor to business owner) having to manage these transactions. Can you imagine...

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