Comment by thaumasiotes
2 days ago
> NYT is an exception
> The other papers and magazines are all subsidized by billionaires or other vested interests.
How is the NYT an exception?
2 days ago
> NYT is an exception
> The other papers and magazines are all subsidized by billionaires or other vested interests.
How is the NYT an exception?
a large paid subscription base
That's no different from the other papers and magazines.
Paid subscriptions have never been a significant source of revenue to newspapers. They relied on advertisements, just like the websites that killed them.
That's not entirely true for NYT as OP mentioned. NYT is 170 years old. They have been through many phases and models.
Luckily NYT is a public company and you can look up their revenue split on the SEC website going back to 1994. In 1994 they had 35% revenue from circulation vs 65% from ads. In 2021 it was 24% ads and 68% subscribers and 8% "Other"
11 replies →