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January 5, 2018

Hearst President and CEO Reports Record Profits for Seventh Year in a Row

Auto-renew Subscription, Business Operations, Business Strategy, Consumer Services, FInance, Freemium, Magazines, Metered Subscription, News, Revenue and Sales /

In his annual letter to employees, Hearst president and CEO Steven R. Swartz reported that the company had record profits for the seventh straight year. Hearst’s biggest profit centers were Fitch Group, CAMP, an aviation safety company acquired in 2016, Hearst Health and Hearst Transportation. These businesses represented 28 percent of the company’s total profit for the year, a number that has more than tripled over the last 10 years, according to Swartz.

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Five on Friday: SaaS Mistakes, Privacy Tech and Retail Subscriptions

Auto-renew Subscription, Business Services, Business Strategy, Consumer Services, Data and IoT, Entertainment and Streaming, Metered Subscription, News, Product Development, SaaS and Cloud Services, Subscriber Acquisition, Subscriber Only, Subscription Apps /

In Five on Friday this week, The Next Web recommends that we avoid these six common mistakes when developing an SaaS product, Digiday tells us how The New York Times gets people to spend five minutes a day on their site, Tubefilter shares what did and didn’t work in terms of digital media and entertainment last year, big retailers are testing out the subscription model, and AdExchanger says privacy tech is on the rise as the GDPR deadline gets closer.

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