NY Times (NYT) Subscription Revenues a Key Driver of Growth

Zacks2021-10-14

With rapid digitization in the core areas of advertising and growing inclination of readers toward the Internet, newspaper companies have been diverting resources toward online publications. No wonder...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2175197803?lang=zh_CN&edition=full","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kBgsMi7mF6LmrrLkEZRhFw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/lY3wr_2PWydraW.rjQZlyA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6e0eea77024f8a02b541f11695d7c6a6","is_english":true,"pubTime":"2021-10-14 22:43","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2175197803","market":"us","top_or_hot":-1,"title":"NY Times (NYT) Subscription Revenues a Key Driver of Growth","media":"Zacks","content":"<div>\n<p>With rapid digitization in the core areas of advertising and growing inclination of readers toward the Internet, newspaper companies have been diverting resources toward online publications. No wonder...</p>\n\n<a href=\"https://finance.yahoo.com/news/ny-times-nyt-subscription-revenues-144302182.html\">网页链接</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NY Times (NYT) Subscription Revenues a Key Driver of Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNY Times (NYT) Subscription Revenues a Key Driver of Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ny-times-nyt-subscription-revenues-144302182.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With rapid digitization in the core areas of advertising and growing inclination of readers toward the Internet, newspaper companies have been diverting resources toward online publications. No wonder...</p>\n\n<a href=\"https://finance.yahoo.com/news/ny-times-nyt-subscription-revenues-144302182.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYT","symbol_name":"纽约时报","start_time":0,"source_url":"https://finance.yahoo.com/news/ny-times-nyt-subscription-revenues-144302182.html","article_id":"2175197803","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kBgsMi7mF6LmrrLkEZRhFw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/lY3wr_2PWydraW.rjQZlyA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6e0eea77024f8a02b541f11695d7c6a6"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2175197803","pubTimestamp":1634222582,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"With rapid digitization in the core areas of advertising and growing inclination of readers toward t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NYT":"纽约时报"},"translate_title":"《纽约时报》(NYT)订阅收入是增长的关键驱动力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NYT":1},"content_text":"With rapid digitization in the core areas of advertising and growing inclination of readers toward the Internet, newspaper companies have been diverting resources toward online publications. No wonder, The New York Times Company NYT has been making consistent efforts to rapidly acclimatize to the changing face of the multiplatform media universe.This New York-based company has been keeping pace with the changing times by utilizing technological advancements to reach their target audience more effectively. Its business model with greater emphasis on subscription revenues bodes well. The company is steadily inching closer to its target of 10 million subscribers by 2025.On the second-quarter earnings release, Meredith Kopit Levien, president and CEO, said, “Just after the end of the second quarter, The Times crossed another mile marker on our path to scaling direct, paying subscriber relationships: We now have more than 8 million paid subscriptions across our digital and print products — a testament to the success of our strategy, the strength of the market for paid digital journalism, and our unique opportunity to meet that demand. That milestone follows a second quarter with strong revenue and profit growth and progress on advancing our underlying model.”\nSubscription Revenues a Key Pillar\nThe New York Times Company’s paid digital-only subscribers reached roughly 7,133,000 at the end of the second quarter of 2021, rising 142,000 sequentially and 1,463,000 year over year. Of the 142,000 total net additions, 77,000 came from the digital news product, while the remaining came from stand-alone digital products, Cooking, Games and Audm.At the end of the second quarter, the company had approximately 7,936,000 subscriptions across its print and digital products.In the quarter, subscription revenues improved 15.7% year over year to $339.2 million primarily due to an increase in the number of subscriptions to the company’s digital-only products, which include news products, and Games, Cooking and Audm products as well as a benefit from subscriptions graduating to higher prices from introductory promotional pricing. Revenues from digital-only products jumped 30.3% to $190.1 million. Print subscription revenues rose 1.3% to $149.1 million, attributable to higher domestic home delivery revenues.For the third quarter, management expects a 13-15% year-over-year increase in total subscription revenues and a rise of 25-30% in digital-only subscription revenues.\nClosing Remarks\nThe New York Times Company has been diversifying business, adding revenue streams, realigning cost structure and streamlining operations to increase efficiencies. The company, which shares space with Gannett GCI, News Corporation NWSA and Lee Enterprises LEE, is not only gearing up to become an optimum destination for news and information but also focusing on lifestyle products and services.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. \nClick to get this free report\n \n\nThe New York Times Company (NYT) : Free Stock Analysis Report\n \n\nNews Corporation (NWSA) : Free Stock Analysis Report\n \n\nGannett Co., Inc. (GCI) : Free Stock Analysis Report\n \n\nLee Enterprises, Incorporated (LEE) : Free Stock Analysis Report\n \n\nTo read this article on Zacks.com click here.\n \n\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2175197803"}