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The Athletic keeps growing .......

Discussion in 'Journalism topics only' started by Fran Curci, Feb 3, 2018.

  1. Screwball

    Screwball Active Member

    No one knows whether The Athletic will be a huge success, not even the executives behind The Athletic.

    The Athletic is getting its funding from venture capitalists. As with all of their investments, venture capitalists want to make their money back, and more, usually within three to five years. If the founders of The Athletic have correctly identified sports journalism as an underserved niche, and if it can distinguish its product well enough to convince readers to pay for it year after year, then the founders and the venture capitalists win. And so do the journalists working there. The risk: not enough readers want to keep renewing subscriptions, the revenues are not sufficient to justify the expenses evident in the hiring sprees in the US and UK, and the venture capitalists stop providing funding.
     
  2. ondeadline

    ondeadline Active Member

    The irritating part of these subscriptions for The Athletic is that the renewal is automatic. They don't send you email telling you that your subscription is about to expire and asking if you want to renew. My first hint was the notification from my credit card app of the payment (at a much higher rate than the previous year). Had I known this was coming, I might have let it lapse so that I could get one of the reduced rates that are being offered on a fairly routine basis.
     
    Writer and cake in the rain like this.
  3. playthrough

    playthrough Moderator Staff Member

    As a subscriber, I totally agree. I got hit a couple months ago with the full price. But as a business, this way is a must. If I got notifications for all my subscriptions (streaming services, Apple sh*t, etc.) asking about renewals, I'd go on canceling sprees all the time.
     
    wicked likes this.
  4. PaperDoll

    PaperDoll Well-Known Member

    NOTE: This has nothing to do with The Athletic.

    My credit-card number changed multiple times in 18 months due to data breaches. An auto-subscription recently ran out and cancelled itself because I hadn't updated the account. There was no notification sent, and the new rate is much higher. Customer service wouldn't adjust the account to what I had before. Thanks, but I can live without that subscription service -- and I'm now telling my friends who might use it about the poor customer relations.

    All that bad will could have been resolved via an email saying, "Your subscription will expire on X date. Your credit card did not work. Please update your account by Z date to avoid discontinuing your subscripton." There were other auto-subscriptions who did that, and I just updated my number and went on my way.
     
    maumann, CD Boogie and Lugnuts like this.
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