![]() ![]() New York Times Adds 260,000 Digital Subs, Boosts Profits by 19.6%By Alexei Barrionuevo and Sean Burch The New York Times Company added another 260,000 digital subscribers in the third quarter, a 24% boost over the previous-year period, as the company grew its net income by nearly 20% to $64.1 million. At the same time, the publication’s sales increased 7% year-over-year to $640.2 million. Wall Street investors and analysts seemed to want more from The Times, however, with Times shares dropping 7% on Monday morning after the release of its Q3 report. ![]() Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. |