New York Times Q4: $87.7 Million Profit, 53K New Digital Subscribers
Last week the New York Times reported its fourth quarter earnings for 2015. Top highlights for the New York Times (NYSE: NYT) include an operating profit of $87.7 million, compared to $62.4 million year over year, and the addition of 53,000 new paid digital-only subscribers, a 20% increase year over year. “We ended the year with a solid quarter, with strong growth in adjusted operating profit and digital advertising and consumer revenue, and the addition of…
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