Thanks to this growth in popularity, 80 per cent of people now have at least one subscription service, with companies like Netflix, which was actually founded in 1997, and Spotify, being some of the more popular subscription-based businesses.
Read Whole Story
It's a great time to be a subscription business. Every day, you hear about how companies such as Netflix and Lovefilm have taken on the big boys and won.
The way in which we buy and consume products is rapidly changing. The world we once knew - where we owned physical products like CDs, DVDs, newspapers and even cars - is rapidly coming to a close.
Get top stories and blog posts emailed to me each day..