New York Times Sees Growth in Digital Subscriptions in Q1
Digital subscriptions are proving to be a successful source of revenue for The New York Times (NYSE: NYT), according to the company’s latest financial report. During the first quarter, The Times added 139,000 digital-only subscribers, a 25.5 percent increase from the same period last year. The total of new digital-only subscribers includes about 99,000 from the company’s news products with the remaining 40,000 subscribers from their Cooking and Crossword apps. The New York Times now has about 2,783,000 digital-only subscribers.
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