The experiment: The Washington Post is trialing flexible subscription options—$4, $7, or even 10$ for a week’s access, depending on user characteristics such as articles read, device, and browser used.
Why it matters: Subscription fatigue is growing. While digital subscription growth has nearly doubled from 10% in 2014 to 17% in 2024, this momentum has slowed. According to the Digital News Report, publishers have signed up many of the willing payers, leaving the challenge of converting intermittent payers and attracting new subscribers in the midst of a cost-of-living crisis.
Why flexible payments could work:
Catch up: The Press Gazette Future of Media Technology Conference 2024 brought together publishers and tech leaders in London. Here’s what we learned from the experts.
The age-old question of whether to buy or build remains top of mind: “We are not a software company. We carefully select tools and then adapt them to our specific needs”, said Edward Roussel from The Times. On the other hand, Payal Sharma Sood from the Haymarket Media Group said that core tools should be developed in-house to reduce external dependencies.
Retention is the name of the game: “A 1% reduction in churn is as impactful as a 15% increase in new subscribers,” explained Fiona Spooner, Managing Director of Consumer Revenue at FT, stressing the importance of prioritizing retention strategies. Edward Roussel noted that “getting readers to install the app reduced churn by 50%, while subscribing to newsletters cut it by 11%.” Puzzles and interactive content helped reduce churn by another 22%.
AI’s impact on media in one sentence: “In some areas, we must fight AI; in others, we adapt or accelerate,” said Nina Wright, Chair of the Professional Publishers Association.
The Telegraph was awarded the App of the Year: “This app is doing a remarkable job of putting a mobile-friendly interface on a huge amount of journalism,” praised the jury. With features like live news, digital editions, personalized alerts, and offline access, The Telegraph sets a new standard for how journalism is consumed.
The shift: UK publishers like The Times, The Sun, The Independent, and Mail Online are rolling out “consent or pay” models, where users either consent to tracking for ads or pay for an ad-free experience. This follows similar approaches in Europe, driven by tightening privacy laws.
Why it matters: As privacy regulations strengthen, publishers must find new ways to maintain ad revenue while respecting user privacy. The “consent or pay” model forces a clearer value exchange between users and publishers, emphasizing that quality content comes with a cost.
Key takeaways for publishers:
Looking ahead: More publishers are likely to adopt “consent or pay” as privacy regulations tighten and advertisers seek consented audiences. However, since the legal framework around this model is still being defined, there could be changes as regulations evolve.
We asked ChatGPT, and OpenAI delivered!
During the Digital Growth Summit, we’ll be welcoming Varun Shetty, Head of Media Partnerships at OpenAI, to the stage! Varun’s impressive career spans from roles at Meta, where he led partnerships for WhatsApp, to The New York Times, where he worked on strategy and development.
At DGS, he’ll be sharing insights from his journey through the media and tech and how OpenAI is shaping relationships with publishers.
Our new in-app messaging feature allows you to send scheduled messages directly to app users. It’s a simple yet powerful way to keep your audience informed and engaged, with optional calls-to-action (CTA) to drive interaction.
How does it work?
Eveline Le Bruyn, our Talent Acquisition and Marketing Team Leader, warmly recommends BUDDY BUDDY in Brussels:
“As a peanut butter and coffee enthusiast, Buddy Buddy offers the perfect blend of both worlds. I highly recommend trying their signature ‘Le Buddy,’ which features their homemade peanut butter paired with coffee from Belgium’s renowned roaster, MOK. Don’t miss their peanut butter brownie—it’s a real treat! And while you’re there, be sure to grab a jar or two of their nut butter to take home (the Peanut Butter Cup Nut Butter is my personal favorite!).“
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