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

The Addiction Economy

Addicted, Overwhelmed, Oversubscribed: How Technology Hooked the World

136 🔒 May 26, 2022 by Evan Armstrong

Napkin Math

Revenue: It’s Simple, Until It Isn’t

Finally, a clear explanation of bookings, billings and revenue

125 🔒 Feb 5, 2021 by Evan Armstrong

Napkin Math

How Costco Convinces Brands to Cannibalize Themselves

An unlikely marriage where both sides win

163 Jul 15, 2020 by Adam Keesling

Almanack

Why Bitcoin Lightning is So Exciting

Instant Free Payments for Everyone

40 Sep 26, 2022 by Nat Eliason

Lessons from my Failed Startup

How not to be a founder

79 Sep 27, 2022 by Francisco Javier Arceo

Thanks for reading Every!

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

Subscribe

Already a subscriber? Login