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Disney to cut back streaming content as subscriber count slumps, CFO says

CFO Dive

Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.

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Tata Tech IPO selling like hot cakes, fully subscribed in just 40 minutes

CFO News

At 10:42 am, the Rs 3,042-crore Tata Tech IPO was subscribed 1.21 The quota reserved for qualified institutional buyers was subscribed about 2 times, non-institutional investors 1.25 times while the retail quota was subscribed 86%. The portion reserved for shareholders of parent entity Tata Motors 1.26

Retail 52
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Amazon Music Hits 55M Streaming Subscribers

PYMNTS

The streaming service has passed the 55 million subscriber mark, making it a serious threat to Apple’s service, according to a report by the Financial Times. Amazon Music has been offering six price tiers, ranging from a free service to a premium, but Amazon said that “nearly all” of its users are paid subscribers.

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Robinhood Surpasses 10M Subscribers

PYMNTS

Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. It quickly expanded to one million subscribers in 2016 and six million by October of 2018.

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Verizon Withdraws Revenue Outlook Amid Loss Of Sales, Subscribers

PYMNTS

Verizon reported that it lost 68,000 wireless phone subscribers, or 0.82 Just 100 subscribers were added in the quarter that ended March 31, according to research firm FactSet as reported by Reuters. Verizon has been losing subscribers in the first quarter for the last few years – churn is higher than gross adds,” Chaplin wrote.

Sales 56
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Disney+ Has Almost 87 Million Subscribers, Up From 73 Million

PYMNTS

million subscribers, CNBC reported. PYMNTS reported in August that Disney met its goal of subscribers for its entire empire, including Disney+, Hulu and ESPN , four years earlier than expected as the subscribers hit 100 million over the summer, with 60.5 On its Investor Day event Thursday (Dec. 10), Disney+ touted 86.8

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Retaining Subscribers With Better Payment Options, Pause Features

PYMNTS

percent : Share of education and training subscribers who would like to use pause features. percent : Portion of subscribers who are considering canceling because they can no longer afford their subscription. Data: 167M : Number of subscription service consumers in the U.S.