The New York Times Co reported a better-than-expected quarterly profit on Thursday as the newspaper publisher signed up more digital subscribers, making up for falling print sales, Reuters reports.
The company said it had 2.3 million paid digital-only subscriptions at the end of the second quarter ended June 25, soaring 63.4 per cent from a year earlier.
The Times has tried to boost digital revenue by offering discounts to attract paying subscribers to its online edition as well as to non-news offerings such as daily crossword puzzles and cooking recipes.
The company said it had 2.3 million paid digital-only subscriptions at the end of the second quarter ended June 25, soaring 63.4 per cent from a year earlier.
No comments:
Post a Comment