The New York Times Continues to Add Digital Subscribers
2014 proved that news of the New York Times’ demise has been greatly exaggerated, yet not totally unfounded. The Times yesterday released its revenue numbers for 2014. While they’re not exactly beating the band in terms of revenue growth, they are seeing the digital subscriber growth they need to remain viable in the years ahead. The Times reported that operating profit was $91.9 million, down from $156.1 million in 2013, a decline attributed to increased spending on…
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