Subscriptions

Subscriptions
Nuuly Turns First Profit Via Diverse Assortment and Logistical Advantages
November 21, 2023

Urban Outfitters’ clothing rental service, Nuuly, has turned its first profit. 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. By completing...

Subscriptions
Taco Bell CDO: Short-Term Subscriptions Drive Long-Term Loyalty
November 21, 2023

As restaurants tinker with ways that they can use subscriptions to boost customer loyalty, Taco Bell is finding that offering short-term menu item “passes” can speed up the process of building loyalty with a given customer, as Chief Digital Officer Dane Mathews told PYMNTS. Get...

Subscriptions
Getty Images Sees Subscriber Counts Skyrocket 
November 20, 2023

As consumers rely on subscriptions in more and more parts of their day-to-day lives, Getty Images is the latest to see memberships surge, but this increase is contributing to a decline in one-off purchases. Get the Full Story Complete the form to unlock this article...

Subscriptions
Roblox Launches Creator Subscriptions as Gaming Companies Drive Recurring Revenue
November 17, 2023

Roblox is launching new in-game subscriptions in an effort to drive higher-margin purchases as, across the gaming industry, major players look for new ways to bring in recurring revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Subscriptions
Half of Subscription Cancellations Are Due to Failed Card Payments
November 17, 2023

Failed payments have an impact on customer churn in the subscription business industry. 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....

Subscriptions
Warner Music Group: Rise of Streaming Subscriptions Boosts Monetization of Old Content
November 16, 2023

As streaming subscriptions have become the main way consumers listen to music, Warner Music Group (WMG) is seeing a shift, where there are new opportunities to drive revenue from artists’ older content. Get the Full Story Complete the form to unlock this article and enjoy...

Subscriptions
ChatGPT Pauses Subscriptions as Surging Demand Surpasses Capacity
November 15, 2023

OpenAI is putting a hold on new signups for its ChatGPT Plus program, due to widespread demand putting a strain on the platform, as tech companies increasingly rely on consumer subscriptions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Subscriptions
Taco Bell Launches Nacho Fry Subscription as Restaurants Tap Memberships
November 14, 2023

Following on the success of its limited-time taco subscriptions, quick-service restaurant (QSR) giant Taco Bell is expanding the model beyond just tacos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Subscriptions
Over a Quarter of Consumers Cite Free Cancellation as Key Factor in Choosing Beauty Subscriptions
November 14, 2023

In recent months, the momentum of retail product subscriptions has waned, as consumers grapple with headwinds from economic challenges and a rising cost of living. Yet, within this challenging landscape, a small group of subscribers, termed “loyalists,” has emerged as a crucial cohort for retail...