New York Times: Investing In The Long Term

Review of Q2 2020 Earnings

Image Source: Tim Hüfner / UnSplash

In 2015, The New York Times declared itself a subscription company. It was going to prioritize getting support directly from readers. In 2019 they firmed up their goal: 10 million subscribers across all products by 2025. 

On Wednesday, they showed a lot of progress towards that goal when they released their 2020 Q2 earnings report. The big news of the day was their continued digital subscriber growth. From the end of 2019 to the end of Q2 2020, they brought in an additional 1 million “digital news” subscribers and an additional 300k “digital other” (Cooking, Crosswords and audio) subscribers. In total, The New York Times had 6.5 million subscribers at the end of Q2 2020. 

Learn more

This post is for
paying subscribers

Subscribe →

Or, login.

Read this next:

Napkin Math

GPT-3 Will Accelerate The Privatization of Internet Communities

What GPT-3 is, GPT-3's capabilities, if GPT-3 will replace jobs, and how it affects social media.

24 Jul 30, 2020 by Adam Keesling

Napkin Math

Want to Become a Unicorn? Buy it, Don’t Build it

How Amazon Marketplace works, how Thrasio built a unicorn, the platform risk associated with the strategy, and regulation concerns.

44 Jul 23, 2020 by Adam Keesling

Napkin Math

Explaining the Hertz Situation

A layman’s guide to bankruptcy

26 Jun 18, 2020 by Adam Keesling

Praxis

How I Made a Documentary Film with Digital Notes

Over the last year I filmed a short documentary on the life and artistic career of my father Wayne Forte. He has been one of the strongest

0 🔒 Nov 9, 2020 by Tiago Forte

Napkin Math

Sometimes You’re The Datadog, Sometimes You’re The Hydrant

The history of cloud computing, how DevOps and Observability became so big, and the fate of Datadog

11 🔒 Aug 13, 2020 by Adam Keesling

Thanks for reading Every!

Sign up for our daily email featuring the most interesting thinking (and thinkers) in tech.

Subscribe

Already a subscriber? Login