![]() ![]() The Times bet that by sustaining quality, rather than slashing staff, it could thrive. The New York Times: We STILL suck at failing. With all those subs and all that data, should be easy to build a unique ad offering to clients. I would imagine that is going to flip in next year or so. ($nyt q3 earnings beat on top and bottom line)Īlso noteworthy: there's $800mm in $$ on the balance sheet: ![]() But ads continue to drop, both print and digital. New York Times now has more than 7 million subscribers. Print subscription revenue decreased 3.8 percent to $145.7 million “largely due to lower retail newsstand revenue, while revenue from our domestic home delivery subscription products grew 2.5 percent.” Advertising remains a giant mess, down 12.6 percent in digital, an astonishing 46.5 percent in print, and 30.2 percent overall.Īt the same time, product development costs were up 27.9 percent compared to Q3 2019, which the Times attributes to the increase of digital product development employees in connection with its subscription strategy.įebruary 6, 2020“The continued demand for quality, original, independent journalism across a range of topics makes us even more optimistic about the size of the total market for digital journalism subscriptions and our position in it,” Times CEO Meredith Kopit Levien said today. Subscription revenues increased 12.6 percent to $301 million and digital-only products revenue increased 34 percent to $155.3 million, making digital readership the only source of growth for The Times this quarter. Now that’s one year’s haul.) The Times added 393,000 digital subscribers in the quarter. (It took the Times more than four years from the launch of its digital paywall to hit 2 million subscribers total. In all, that’s a year-over-year increase of more than 2 million digital subscriptions. Spelling Bee remains on the march.) Print subs, meanwhile, were down 3.9 percent. (That nomenclature is a change, by the way: What the Times has for decades called “Crosswords” is now broadened to “Games” in the company’s filings. Even better were its “other” digital subscriptions (mostly Games and Cooking), which were up 63.6 percent. 30, its number of digital news subscribers was up 45.9 percent over the previous year. And its total count of subscriptions passed 7 million for the first time last month.Īs of Sept. Use your updated password to sign into our site.August 5, 2020There are still votes left to be counted, but The New York Times is finished counting its third-quarter numbers, and we can project a winner: The Times now, for the first time, generates more revenue from its digital subscribers than from its print subscribers. Once you’ve entered a strong password with at least 10 characters, upper case and lower case letters, at least one number and at least one special character, continue by clicking Reset Password. * Please note, acceptable special characters that can be used are $, %, #, &, * Making sure it’s at least 10 characters long with a mix of letters and numbers, as well asa special character. In the dialog box that opens, enter your email address and proceed to check your email to receive a reset password link.Ĭlick the Reset your password link in the email to be directed to password reset page.Įnter a strong new password. To reset your password click on the Forgot Password link. Log into your account by clicking on the sign in link on the top right corner of our site. To enable close captioning, please click on CC in the video bar Manage Print Subscription / Tax Receipt. ![]()
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