The Times & The Sunday Times post £1.7 million profit, first profit in 13 years
After 13 years in the red, including four years behind a paywall, The Times and The Sunday Times, owned by News U.K., a Rupert Murdoch company, have finished in the black – posting a profit of £1.7 million! Considering its £6 million loss in 2013 and a £70 million loss five years ago, this turnaround is quite impressive. How did The Times and The Sunday Times do it? By balancing multiple revenue streams (subscriptions, ad revenue,…
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