2 ms·
Just wanted to point out that with the recent New York Times second-quarter results, the growing consensus is that the NYT has turned a corner: http://blogs.reu
by kanamekun 15y ago
Just wanted to point out that with the recent New York Times second-quarter results, the growing consensus is that the NYT has turned a corner:
http://blogs.reuters.com/felix-salmon/2011/07/26/the-nyt-paywall-is-working/ http://blogs.reuters.com/felix-salmon/2011/07/26/the-nyt-pay...
I don't think it's fair to say that the NYT is "dying" at this point. Here's how New York Magazine put it just this week:
"It will take years for the ultimate wisdom of the Times’ strategy to be apparent, but the company’s second-quarter-earnings report proves that its digital-subscription plan has thus far been an enormous success. The internal projections have been closely held, but several people have confirmed that the goal was to amass 300,000 online subscribers within a year of launch. On Thursday, the company announced that after just four months, 224,000 users were paying for access to the paper’s website. Combined with the 57,000 Kindle and Nook readers who were paying for subscriptions and the roughly 100,000 users whose digital access was sponsored by Ford’s Lincoln division, that meant the paper had monetized close to 400,000 online users. (Another 756,000 print subscribers have registered their accounts on the Times’ website.)"
"With the exception of websites charging for sports statistics, financial data, and porn, that makes nytimes.com one of the very few content providers that is monetizing its users"
http://nymag.com/print/?/news/media/new-york-times-2011-8/ http://nymag.com/print/?/news/media/new-york-times-2011-8/