NYT Garners $40 Million in Digital-Only Subscription Revenue in Q1
The New York Times published its Q1 earnings report last week, and reported an 18% year-over-year growth in digital subscription revenue. While print circulation continues to tumble, NYT had 799,000 digital-only paying subscribers by the end of Q1, earning the Grey Lady $40 million in revenue. In addition, NYT added more digital subscribers in Q1 of this year than any quarter of 2013, a health show of growth for a subscription-based business. While most news outlets focus…
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