New York Times Reports Strong Digital Subscriber and Ad Growth in 2018
Company is three-fourths of the way to its 2020 goal of doubling digital revenue.
The New York Times (NYSE: NYT) finished 2018 strong with significant digital growth in the fourth quarter. In its Q4 and 2018 full year financial report Wednesday, The New York Times reported big gains in digital subscription growth, digital advertising revenue and total digital subscriptions. Mark Thompson, president and CEO, of The New York Times Company commented on the company’s results.“A strong quarter capped a strong year for The New York Times. We added 265,000 net new digital subscriptions in Q4, the biggest gain since the months immediately following the 2016 election..."
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