Picture: News UKNews Corp and the New York Times have both reported strong subscriptions growth and are bucking the trend of news businesses reporting revenue decline. Overall Dow Jones “yet again achieved its highest level of quarterly revenues and profitability since News Corp’s acquisition”. It is unclear how The Times will be billed in a country where The New York Times is known as The Times and News Corp’s title is as a result referred to as The Times of London. But let’s be clear, in my view those who are repurposing our content without approval are stealing…”New York Times trumpets $1bn annual subs revenueAlso on Wednesday The New York Times announced it had crossed $1bn in annual digital subscription revenue for the first time in 2023. The New York Times now has around 10.36 million subscribers across its print and digital products, including 9.7 million digital-only.

Source: The Times February 08, 2024 12:51 UTC