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Under Thompson's leadership, The New York Times became the first news organization in the world to pass the one million digital-only subscription mark. As of May 2020, the company surpassed 5 million digital-only subscriptions, and 6 million total subscriptions, accounting for nearly sixty per cent of the company's revenue. [50]
The term is believed to have originated among librarians who began referring to The New York Times as the "newspaper of record" when it became the first U.S. newspaper in 1913 to publish an index of the subjects it covered.