Comment by radomysisky

The NYT should be seen as a tech company. The New York Times Company is a multibillion dollar multinational. One can argue that its monetisation has improved even as its audience has narrowed.

It’s not neutral. A direct competitor is not a neutral arbiter. $NYT is one of the hottest tech stocks this year.

https://www.bloomberg.com/news/newsletters/2020-05-28/five-t...

> One that's doing phenomenally well is the New York Times itself. It's well known that many big tech companies (or at least their shares) are booming amid the Covid crisis. But so far this year, the NYT is doing better than names like Apple, Facebook, Google and Microsoft. Of the tech megacaps, only Amazon is doing better. If it hasn't been clear before, it should be obvious to everyone now that the NYT is a tech company and a tech stock. It benefits from network effects and accelerating economies of scale like any other tech company. It's booming in the podcast space. It's got popular apps for cooking and games. It's even rolling out its own proprietary platform for online ad targeting next year, cutting off third-party players.