Canadian Publishing Industry News
6 November 2020,     NEW YORK, NY,
Online subscriptions surpass print at New York Times
The New York Times is reporting it added 393,000 paid digital-only subscribers during the third quarter of 2020 and said revenues from online-only subs surpassed its print revenue for the first time ever.


   The newspaper also reported that revenues from subscriptions grew 12.6% to $301 million, even as ad revenues dropped by 30% to $79 million in the quarter.

A similar pattern is expected for the fourth quarter, as digital subs will rise by 35% while ad sales slip by 30%.

 The Times now claims 6.5 million total subscribers, including 5.7 million digital-only ones, and is well on its way to achieving its goals of 10 million subscribers by 2025.


Story Tools
Most Recent News Comment
Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
Most Recent Blog Comment
Lorene Shyba says:
Full of terrific information, Thanks!...
Special Reports