FOSTER CITY, CA--(Marketwired - Jun 23, 2016) - Zuora, Inc., the subscription commerce, billing and finance leader, today announced that TEN: The Enthusiast Network has deployed Zuora® technology to provide subscription-based commerce, billing, finance and analytics services for MOTOR TREND's Motor Trend OnDemand, a premier stand-alone automotive subscription video on demand (SVOD)/over-the-top (OTT) destination.
According to Deloitte, video and audio will generate 89 percent of consumer Internet data traffic by 2018, yet most media companies currently have not figured out how to effectively present their offerings to subscribers and then measure and analyze usage across multiple platforms. TEN, the world's premier transmedia network of enthusiast brands, such as MOTOR TREND and SURFER, has solved this challenge by deploying an end-to-end solution for Motor Trend OnDemand to monetize its subscription-based video service and build long-lasting relationships with subscribers.
"Our beta service did not provide all the billing and subscription management options our members wanted, and we immediately saw the need to expand our analytic capabilities," said Scott Dickey, CEO of TEN: The Enthusiast Network. "With the Zuora platform, Motor Trend OnDemand can now effectively offer promotions across multiple channels based on user profiles to drive growth, as well as gain the insight we need into member activities so we can continue tailoring and improving our offerings, increase subscriber engagement, and reduce churn."
Motor Trend OnDemand features a new and refreshed mobile app, 1,500-plus hours of updated live and original content, and new platform compatibilities including Apple TV. A subscription to Motor Trend OnDemand features unlimited streaming of auto and motorsport programming, including racing footage, episodic series, event coverage, historical archives, films, documentaries and television series.
With the Zuora platform in place, Motor Trend OnDemand has a more familiar video streaming interface, with content organized into sections -- including "New," "Watch Live," "Motorsport," and more -- and then categories, such as "GT," "Touring Cars," and "Dirt Bikes" under "Motorsport." This makes it far easier for members to find content that appeals to them. The content hub has also integrated in-app subscriptions across Apple, Android, and Roku devices and added support for gift subscriptions.
Zuora's comprehensive solution for subscription management ensures that new digital businesses have the ability to manage subscriptions across multiple pricing and packaging schemes, track the appropriate subscriber metrics, analyze business performance, and gain insight into subscriber behavior. Further, established media businesses can rapidly adopt and innovate existing digital subscription models to encourage more loyal subscribers and create new revenue streams.
"The rapid shift to online video delivery creates a tremendous competitive opportunity for those companies able to align their services with the needs of their target audiences," said Tien Tzuo, CEO of Zuora, Inc. "Motor Trend OnDemand is a terrific example of how the Zuora platform can help a well-established brand quickly transform its subscriber experience to increase subscriber engagement."
Additional Resources
Zuora '17 Product Sheet
"The Subscription Economy: A Business Transformation" by Tien Tzuo, CEO of Zuora
SlideShare: "Drivers of Success in the Subscription Economy"
MGI Research Forecast on Agile Monetization Platforms 2016-2020
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About Zuora, Inc.
Zuora's Relationship Business Management (RBM)™ solution helps enable businesses in any industry to launch or shift products to subscription, implement new pay-as-you-go pricing and packaging models, gain new insights into subscriber behavior, open new revenue streams, and disrupt market segments to gain competitive advantage. Headquartered in Silicon Valley, Zuora, Inc. also operates offices in Atlanta, Boston, Denver, San Francisco, London, Paris, Munich, Beijing, Sydney, Tokyo, and Amsterdam. Zuora clients come from a wide range of industries, including media, travel services, consumer packaged goods, cloud services, and telecommunications. Clients include Financial Times, Schneider Electric, Box, Honeywell, NCR, RTL, The Guardian, YP.com, BlueJeans, Shutterfly, TripAdvisor and Vivint.
About TEN: The Enthusiast Network
TEN: The Enthusiast Network is the world's premier transmedia network of enthusiast brands, such as MOTOR TREND, AUTOMOBILE, HOT ROD, SURFER, TRANSWORLD SKATEBOARDING, and GRINDTV. With more than 60 websites, 50 publications, 50 annual events, the Motor Trend OnDemand subscription video-on-demand service, as well as the world's largest automotive and action/adventure sports media platforms, TEN inspires enthusiasts to pursue their passions. For more information, visit enthusiastnetwork.com.
© 2016 Zuora, Inc. All Rights Reserved. Zuora, Relationship Business Management (RBM), Subscribed and Subscription Economy are trademarks of Zuora, Inc. Third party trademarks mentioned above are owned by their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of Zuora, Inc. or any aspect of this press release. To learn more about the Zuora platform, please visit www.zuora.com.