Jill Goldsmith Co-Business EditorThe New York Times said digital revenue exceeded print for the first time ever for the second quarter ended in June when it added 669,000 net new digital subscriptions.That included 493,000 net new subscriptions to its core news product and 176,000 to other digital products, like Cooking, Crossword and audio.
It ended the quarter with 5.7 million digital only and 6.5 million total subscriptions.“We’ve proven that it’s possible to create a virtuous circle in which whole-hearted investment in high quality journalism drives deep audience engagement which in turn drives revenue growth and further investment capacity.
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