subscriptions: Last News

meal kits, fine wine and beauty product delivery services — there are now clothing subscription boxes that range from monthly curated selections to fashion rentals that keep your closet always on trend without ever visiting the mall. Browse our picks below, sorted by women’s, men’s and children’s monthly clothing box delivery options for everyone in the family.

potential sale of Redstone’s controlling stake in Paramount Global to the independent studio have failed, according to sources.The Paramount+ with Showtime plan will cost $12.99 a month, with a hike of $1, effective Aug. 20 for new users and Sept.

push to increase margins.The company raised prices of its individual plan to $11.99 from $10.99 per month, duo plan to $16.99 from $14.99 and its family plan to $19.99 from $16.99 in its largest market by revenue.Spotify has been trying to boost its margins in recent months by lowering marketing spending and through layoffs, after relying on promotions and hefty investments to drive user growth.Shares of the company, which competes with services from Apple and Amazon, rose more than 4%.“We’re increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features,” Spotify said in an email, which it plans to send to its subscribers in the US over the next month.Spotify’s revenue in the US grew nearly 11% to 5.23 billion euros ($5.69 billion) in 2023, according to its annual report.The company offers an advertising-supported free service with limited features and a subscription-based paid service that gives access to all its functionality, with premium subscribers accounting for most of its revenue.Analysts expect the streaming giant could drive further growth by offering tailored subscription plans based on consumer preferences in verticals such as music, audiobooks and podcasts.The company’s quarterly gross profit topped 1 billion euros ($1.09 billion) for the first time in April after it reined in marketing spending.Its premium subscribers rose by 14% to 239 million and it forecast monthly active users at 631 million for the second quarter.

ad-supported tier had reached 15 million active users per month, a year after the streaming giant launched the cheaper plan to revive subscriber growth and revenue following a slowdown.The company had five million monthly ad-tier users in May and has been hiking prices on its ad-free options in an effort to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.Netflix increased subscription prices for some streaming plans in the United States, Britain, and France last month, after its third-quarter subscriber additions of 9 million shattered Wall Street expectations of 6 million.After resisting commercials for years, Netflix had a change of heart in April 2022 after it lost subscribers in the first quarter of the year.A month after Netflix’s ad-plan launch last year, rival Disney+ also rolled out its ad version in an attempt to push its streaming business into profitability.Streaming services such as HBO Max, Paramount+ and Peacock also offer ad-supported versions of their services, emulating the business model that has long supported the television business.Amazon’s Prime Video will next year join its streaming rivals in rolling out ads and introducing a higher-priced ad-free tier.Netflix said during its third-quarter results that the adoption of its ads plan, which costs $6.99 per month in the US, continued to grow with membership up almost 70% sequentially.

Netflix’s 250 million subscribers may think of the company primarily as a TV and movie streaming service, 99 percent of them are missing out on a major perk.In recent years, Netflix has branched out into the video games industry.The company has acquired a number of gaming studios, including industry titan Night School Studios, which developed the Oxenfree games.Oxenfree 2 was developed exclusively for Netflix, and yet the streaming platform’s games push is yet to be picked up by subscribers in earnest.In fact, while every Netflix subscription comes with a games library accessed via the Netflix mobile app, it’s unclear how many subscribers even know that the games exist.The library of more than 70 games can be found in the “Mobile Games” row on the Netflix app home screen.It includes award-winning titles including Immortality, Kentucky Route Zero and Before Your Eyes, all of which can be downloaded to mobile and played at no extra cost to subscribers.There are also games to complement popular shows, including ones inspired by Squid Game, Black Mirror and reality TV.But the games feature is little-used, with a report from CNBC revealing just 2.2 million Netflix subscribers — about 0.88 percent — play one of the streamer’s games daily.The stats indicated retention was a problem, with more than 70 million subscribers having downloaded a game at some point and mostly failing to become repeat users.That could be because, while viewers can watch a few minutes of a TV show or movie to get a taste, games require a download and larger time investment.Netflix continues to throw money and resources at the endeavour, with the number of games on the app having tripled in the past year.According to Co-CEO Greg Peters, the streaming

profitable major streamer, Netflix has resisted joining rivals like Walt Disney in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.“Netflix now closely resembles a utility in many markets,” analysts at Bernstein said. “The challenge of being labeled a utility is how a maturing company continues finding growth.”It could hike prices after the end of the Hollywood actors strike, a media report said earlier in October.Five months after calling a strike that plunged Hollywood into turmoil, the Writers Guild of America (WGA) last week approved a new contract with major studios.Netflix, however, has weathered the strike well thanks to its larger international presence and strong content slate.After a slow start for the ad plan launched last year, analysts said they expect Netflix will raise prices of its ad-free options in the coming months to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, analysts said.