Over 100,000 paid subscribers for NYTimes.com

The New York Times Co has signed up more than 100,000 paid subscribers for NYTimes.com since it began charging for full access to the newspaper's website three weeks ago.

AFP | April 22, 2011



The New York Times Co said today it has signed up more than 100,000 paid subscribers for NYTimes.com since it began charging for full access to the newspaper's website three weeks ago.

The Times Co, reporting its first quarter results, also said net profit plunged 57.6 percent during the quarter to USD 5.4 million on continued weakness in the US print advertising market.

Revenue at the Times Co, which includes the flagship New York Times, The Boston Globe, the International Herald Tribune and a dozen other dailies, fell 3.6 percent to USD 566.5 million.

Print advertising revenue declined 7.5 percent in the quarter while digital advertising revenue grew 4.5 percent.

"The advertising marketplace faced increased pressure in the first quarter," Times Co president and chief executive Janet Robinson said, adding that the operating performance "reflects the continuing transformation of our company."

"While the challenges for our company and for the larger economy are not yet behind us, the recent launch of Times digital subscription packages on NYTimes.com and across other digital platforms brings our plan for a new revenue stream to life," she said.

The Times Co said digital subscribers for NYTimes.com have "surpassed 100,000" and "early indicators are encouraging."

The New York Times began charging online readers on March 28. The Times is offering readers 20 free articles a month at NYTimes.com before they will be asked to sign on to a digital subscription plan.

Like other US newspapers, the Times has been struggling with declining print advertising revenue, falling circulation and the migration of readers to free news online.
 

Comments

 

Other News

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter