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