New York Times earnings benefit from ad market rebound, shares surge

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New York Times earnings benefit from ad market rebound, shares surge
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New York Times earnings benefit from ad market rebound, shares surge

© Reuters. People walk past the New York Times Building in New York August 14, 2013. People accessing nytimes.com earlier on Wednesday saw a message that the service was unavailable. New York Times Co spokeswoman Eileen Murphy said the company thinks the cause of t

The Times has in recent years leaned on its combined offerings of news, entertainment and lifestyle articles and podcasts - what it calls a bundle - to help move closer to its goal of 15 million subscribers by 2027. Revenue was $598.3 million, above analysts' average estimate of $589.4 million, according to LSEG data.

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%
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