Welcome to the Good e-Reader Community Forum. This is a terrific place to discuss digital reading in the modern world. Join the fun and register for a free account to foster relationships with other users today!
New York Times added 1.1 million digital subscribers in 2024
The New York Times added over 1.1 million digital subscribers in 2024, including 350,000 in the last three months alone. This includes the flagship newspaper and its other properties, such as the Wirecutter product review site and The Athletic, a sports news site. Subscription revenues from digital-only products jumped 16% to $334.9 million, for a total revenue of $466.6 million.
Although the number of digital subscribers continues to increase, the number of print subscribers to The Times is declining fast. It fell to 610,000 at the end of last year, down from 660,000 at the end of 2023 and 730,000 at the end of 2022. The days of getting the Sunday Times or delivering the daily paper to your doorstep are no longer popular.
Meredith Kopit Levien, the chief executive of The New York Times Company, said in a statement that the quarter “capped another strong year for The Times." "Altogether, this momentum gives us confidence that we can deliver another year of healthy growth in subscribers, revenue and profitability, as well as strong free cash flow,” she added.