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"The New York Times Sees Strong Digital Subscriber Growth, Tops $1 Billion in Revenue"

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Source: Nieman Journalism Lab at Harvard
TL;DR Summary

The New York Times ended 2023 with 10.36 million subscribers, generating over $1 billion in revenue from digital subscriptions. The company's digital revenue now surpasses that from print subscriptions, with a significant portion of digital-only subscribers opting for the all-access digital bundle. While "Other revenues" saw a 10% increase, overall ad revenue decreased, with digital ad revenue dropping 3.7% and print ad revenue dropping 16.2%. The Athletic, despite being acquired by the Times, continues to operate at a loss, but with improved revenue.

Topics:business#advertising#business#digital-subscriptions#new-york-times#revenue#the-bundle
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  1. The New York Times made more than $1 billion from digital subscriptions in 2023  Nieman Journalism Lab at Harvard
  2. New York Times Co. Adds 300000 Digital Subscribers in Quarter  The New York Times
  3. New York Times Posts Strong Digital-Subscriber Growth, Declining Ad Revenue  The Wall Street Journal
  4. The New York Times (NYSE:NYT) Reports Q4 In Line With Expectations  Yahoo Finance
  5. New York Times: Q4 Earnings Snapshot  Houston Chronicle

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