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(Reuters) -The New York Times Co raised its full-year forecast for adjusted operating profit on Wednesday, a sign that the media organization's plan of bundling subscriptions was...
The New York Times Company, a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other daily newspapers, WQXR-FM, and more than 50 Web sites, including NYTimes.com, Boston.com, and About.com.
The New York Times ( NYT) [b] is an American daily newspaper based in New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, it serves as one of the country's newspapers of record.
In March 2011, Amazon announced that subscriptions to The New York Times through its Kindle e-readers would grant access to nytimes.com, followed by the Barnes & Noble Nook in April. In March 2023, Amazon ceased sales on newspaper subscriptions through Kindle Newsstand and canceled existing subscriptions in September.
Since then, digital subscription has risen to 1.3 million as of September 2018, falling to number two behind The New York Times with 3 million digital subscriptions. In May 2008, an annual subscription to the digital edition of The Wall Street Journal cost $119 for those who do not have subscriptions to the print edition.
In January 2022, The New York Times Company acquired The Athletic, a sports journalism website founded in 2016, for US$550 million, [82] in an effort to gain more subscribers. The acquisition is the second-largest in the company's history. [83] David Perpich became publisher of The Athletic.
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