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New York Times adds record digital subscribers as ad revenue plummets

New York Times adds record digital subscribers as ad revenue plummets

The New York Times Co crossed 5 million digital subscribers at a record rate as the coronavirus spread in the first quarter, helping offset shrinking ad revenues. Shares of the publisher, which beat quarterly profit and revenue estimates, were up 6% in afternoon. The NYT, in one of its articles, mentioned that the ’increase was driven by widespread interest in news of the coronavirus pandemic’.

Kathy
Kathy
Concerned New Yorker
Concerned New Yorker 6 months

I'm a moderate. So I wasn't fully convinced that NYT is a horrible place for news until they started reporting about covid-19 and blaming trump on it. They also praised the CCP. Since then, NYT = Biased Asf

Rational
Rational 6 months

For me, they are just a propoganda wing of the DNC for the PMC. Fake news like Fox is.

Avi Khait
Avi Khait 6 months

No wonder. When the TP disappeared, people had to find some alternative.

Boo
Boo 6 months

Gee I wonder why. When u write news for only 30% of the population, maybe only 30% at best will be interested.

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