Apple News+ soars, BNPL takes over, Verizon streams big & Prime delights with Grubhub goodies
Welcome back to Subscriptions Weekly! Apple News+ subscriptions are soaring like never before, leaving top publishers in the dust. NerdWallet's latest report reveals that nearly 25% of Americans are jumping on the BNPL bandwagon, making it the second most-used credit payment method. Verizon is on a mission to revolutionize your streaming experience, bundling services like Netflix, Max, and Disney Plus to become your go-to hub for all things entertainment. And speaking of perks, Amazon Prime just got even tastier with free Grubhub subscriptions for members.
Apple News+ subscriptions are growing 4x faster than top publishers
According to a report from analytics firm CIRP, Apple News+ subscriptions are skyrocketing in the U.S., growing four times faster than heavyweights like the New York Times, Wall Street Journal, and Washington Post. Read more on 9to5mac.
BNPL is booming among U.S. shoppers
According to NerdWallet's latest 2024 State of Consumer Credit Report, Buy Now, Pay Later (BNPL) plans have skyrocketed in popularity, becoming the second most-used credit payment method in the U.S. Nearly 25% of Americans have recently hopped on the BNPL bandwagon. With credit cards still leading the pack (66% usage), BNPL is swiftly catching up. The ease of using BNPL—no credit checks or lengthy applications—has made it a go-to for many, especially with the rising cost of living. Read more on The Paypers.
Verizon is on a mission to hook you up with new streaming deals
In its bid to become a streaming superhub, a setup that allows the company to get a cut of all the subscriptions it sells, Verizon is bundling services left and right, including exclusive deals with Netflix, Max, Disney Plus, Hulu, and more. Read more on The Verge.
Amazon Prime just got tastier
Prime members can enjoy free Grubhub subscriptions as a permanent perk. Plus, even non-Prime folks can now order Grubhub directly through Amazon’s website and app. This is all part of Amazon's strategy to pack more value into Prime, keeping it competitive against loyalty programs from Walmart and Target. Read more on CNBC.
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