How to get your online gaming fix at Slate
Digital subscriptions are on the rise and the rise is online gaming.
Slated Digital, the company behind Slate, announced this week that it has signed a deal with Amazon.com to sell its digital subscriptions for $50 a month for five years.
The move is part of a broader push by digital publishers to offer more of their content online and to sell more of the titles they publish online.
“As a digital publisher, our primary goal is to make sure we can deliver content to our readers and audiences,” said Sam Altman, Slate’s chief digital officer.
“That’s why we are committed to our commitment to our audience to create and sell digital content for them to enjoy and consume.”
The new deal is the latest in a series of moves by digital platforms to take more control over how their content is sold.
The Pew Research Center reported in December that digital media platforms were responsible for half of the $2.4 trillion in online ad revenue that was generated in 2015.
This year, the Pew report said that digital advertising was responsible for $1.5 trillion of that total, which includes ad-supported content and direct-to-consumer advertising.
According to the Pew study, the digital advertising market is expected to reach $5.3 trillion in 2018.
This is the first time that a major media company has decided to sell digital subscriptions to consumers.
The Wall Street Journal reported in January that Facebook had begun selling its own digital subscriptions, with the first one being priced at $50.
The newspaper said that Facebook’s move to sell subscriptions was a reaction to an increase in online video usage, which was growing at the same time that the media giant was also ramping up its advertising revenue.
Slate has become a key player in the digital media ecosystem.
The online publishing platform, which is based in Boston, launched its digital platform last year and has been expanding its online audience since.
Earlier this month, the publication launched its new subscription service, Slates Digital, with a plan to launch the service in New York City this summer.