Three Subscription Products Help The New York Times Deliver Strong Q1
Yesterday, The New York Times Company (NYSE: NYT) delivered strong first quarter financials, driven by three subscription products, including the companys news, NYT Cooking and Crossword products. During the first quarter of 2019, The Times added 223,000 net new digital-only subscriptions, including 144,000 for news. This brings the companys total number of subscribers to 4.5 million, keeping it on pace to reach 10 million subscribers by 2025.
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