Inc. Reports 17% Subscriber Growth in 2009 Fourth Quarter

Jan 06, 2010, 09:00 ET from Inc.

PROVO, Utah, Jan. 6 /PRNewswire-FirstCall/ -- Inc. (Nasdaq: ACOM) today reported that it added approximately 165,000 subscribers in the fourth quarter ended December 31, 2009, finishing the year with 1,066,000 million paid subscribers. The end of year subscriber number is 17% higher than the 914,000 paid subscribers reported at the end of 2008. Fourth quarter additions were up 15% from the 144,000 added in the 2008 fourth quarter. Monthly subscriber churn(1) for the 2009 fourth quarter was 3.6%, compared to 4.0% in the prior year fourth quarter.

"Our subscriber results cap an outstanding year for," said Tim Sullivan, CEO, "We are following a very simple set of strategies to build our business: expand our collection of content, improve the product experience, and increase category awareness. If we continue to succeed on these fronts, we'll continue to add satisfied subscribers and enjoy good opportunities for future growth." anticipates reporting its full financial and operating results for the 2009 fourth quarter and fiscal year in the second half of February 2010. The subscriber results were released in conjunction with the Company's appearance today at the Citi Investment Research 2010 Global Entertainment Media and Telecommunications Conference in San Francisco, California.

About is an online resource for family history and has digitized and put online over four billion records over the past twelve years. Ancestry users have created over twelve million family trees containing over 1.25 billion profiles. has local Web sites directed at nine countries, including its flagship website at

Forward-looking Statements

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(1) Monthly churn is a measure representing the number of subscribers that cancel in the quarter divided by the sum of beginning subscribers and subscriber additions during the quarter. To arrive at monthly churn, we divide the results by three.