The news industry has benefited from online subscriptions in several ways. Firstly, it has allowed them to reach a wider audience, as people from all over the world can now access their content. Secondly, it has provided a steady stream of revenue, which is particularly important in an era where traditional print media is declining. Thirdly, it has allowed them to collect data on their readers, which can be used to tailor content and advertising to specific demographics. Finally, it has enabled them to adapt to the digital age and stay relevant in a rapidly changing media landscape.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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