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Subscription Business

All articles tagged with #subscription business

technology2 years ago•1 min saved

"Google One Cloud Storage Service Nears 100 Million Subscribers, Says CEO Sundar Pichai"

Google CEO Sundar Pichai announced that the Google One cloud storage service is close to reaching 100 million subscribers and plans to introduce more AI-powered features. The company's overall subscription business, including YouTube Premium and Music, YouTube TV, and Google One, has surpassed $15 billion in annual revenues, marking a 5x increase since 2019. Despite this, Google's $65.5 billion ad revenue fell short of analyst expectations, leading to a 4% dip in its stocks.

via TechCrunch|

#cloud-storage #google #google-one

business-music-industry2 years ago•2 min saved

"The Brutal Business of Spotify: Dominating Audio Streaming Without Profits"

Spotify's attempts to expand beyond music streaming have largely failed, highlighting the challenges of the music subscription business where costs scale with success. Despite this, the company's stock has been on the rise, and it remains a major player in the industry. Its success is crucial for big music labels, which rely on Spotify to attract paying customers, creating a co-dependent relationship.

via Business Insider|

#audiobooks #business-music-industry #music-labels