Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey) exercise hardware with content (classes and music). The recurring revenues may be attractive, but risks and red ink abound.
Fitbit, in a shift away from hardware and toward content, has introduced a $10 monthly premium subscription service, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. This is the first time Facebook is trying to sell subscriptions directly to users without an intermediary, indicating eagerness...
Facebook is going to start testing subscriptions to certain video streaming services that can be viewed inside its “Watch” hub, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Projects funded through Facebook’s Local News Accelerator program have led to new digital and email subscribers, plus an estimated $5 million value boost across the 14 participating newspapers, a news outlet reported on Thursday (Aug. 1). Get the Full Story Complete the form to unlock...
Netflix has announced a cheaper, mobile-only subscription plan in India, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
With MoviePass suspending its service for “improvements” to its service, the end could reportedly be in sight for the movie theater subscription service. The offering went from having 3 million users in its ranks to approximately around 225,000 in April, CNBC reported. Get the Full...
Daily fantasy sports company FanDuel has partnered with live sports streaming service fuboTV to provide betting data for the streaming service, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mosaic has launched its first line of frozen food products in select east coast cities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
