The Wall Street Journal is reporting that Amazon is working on a subscription service for TV shows and movies. The company has reportedly been talking with NBC Universal, Time Warner, News Corp. Viacom, and others about such a service.
Next Issue Media, a digital publishing consortium made up of Condé Nast, Hearst, Meredith, News Corp., and Time, has revealed findings from a study on consumer demand for digital newspaper and magazine products. According to the consortium, $3 billion in subscription revenue is expected by 2014.
After accounting for potential cannibalization of some print subscriptions, the industry could realize $1.3 billion in incremental revenue, the consortium says.
Blockbuster has announced that it’s adding games to its mail rental service. Customers now have access to over 3,000 titles for Xbox, Xbox 360, PS3, PS2 and Wii through the company’s mail subscriptions service.
Blockbuster says the move makes them the only entertainment company to offer rentals of games, movies, and TV shows for home delivery through a single subscription service.
Online subscription will generate 24 percent of new business sales for magazines in 2010, according to a new report from the Magazine Publishers of America (MPA).
The percentage of subscriptions generated from the Internet has increased steadily since 2006:
Speculation about Hulu’s subscription service is beginning to feel never-ending; inaccurate rumors concerning the date of its arrival and other details have been circulating for far too long. But one new report indicates that a beta test of the subscription service might finally begin next week, and another hints that a deal with PlayStation is in the making.
While rumors about making people pay to use Hulu have been circulating for what feels like forever, a subscription service may, for better or worse, finally materialize this summer. New rumors put it a "month or two" out, and indicate that Xbox and iPad compatibility are also on the way.
SeeWhy has released an eBook with an interesting premise for online retailers. It looks at how the top 10 converting e-commerce sites drive their website conversions. The main takeaway, a representative for SeeWhy tells WebProNews is that "the top 10 converting e-commerce sites, on average, convert roughly 10 times as many visitors into customers as the typical site — 23 percent vs. 2-3 percent."
Aircell, a company that provides wireless inflight Internet access to a number of major airlines in the U.S., has introduced a new monthly subscription plan for its Gogo service.
The Gogo Monthly Subscription is aimed at frequent fliers and is available for $34.95 each month. Aircell says the service automatically renews each month.
Online retail in both the U.S. and Western Europe is set for a strong period of double-digit growth over the next five years, according to new forecasts by Forrester Research.
U.S. online retail will grow at a 10 percent compound annual growth rate (CAGR) over the next five years to reach nearly $249 billion by 2014. Online retail within the largest European Union nations in Western Europe will grow at an 11 percent CAGR over the same period, hitting 114 billion by 2014.
Publishers could be losing between $2.75- 3 billion due to online book piracy, according to a new report from Attributor.