
New York Times Posts 11% Revenue Gain Fueled by Digital Subscriptions
The New York Times reported Q2 revenue of $762.5 million, up 11.2% year over year, driven by 280,000 digital-only subscribers taking total to 13.35 million. Digital-only subscription revenue rose 16.4% to $407.9 million and digital advertising climbed 20.7% to $114 million, while print subs declined to 550,000. Adjusted operating profit rose 16.1% to $155.3 million amid a 10% rise in operating costs. The company guided Q3 digital-subscription revenue growth of 12–15% and digital ad revenue growth in the mid-to-high teens; shares fell over 15% after the results.











