New York Times Rides Subscriber Growth, but Customer Additions Slow | TrainMyNews

New York Times Rides Subscriber Growth, but Customer Additions Slow

4 months ago
New York Times Rides Subscriber Growth, but Customer Additions Slow

Digital subscriptions continued to be the main driver of growth at New York Times Co. in the second quarter, but customer additions slowed and digital ad revenue fell, weighing on the company's top line. The news publisher posted a 1.8% rise in total revenue, boosted by a 4.2% increase from a year earlier in subscription revenue to $260.6 million. The Times added 109,000 digital news subscribers, 41,000 of which came from the company's Cooking and Crossword products. Read more