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New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

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Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#81

Post by cm2187 »

dmix wrote: post #53
anarazel wrote: post #41

Earlier quoted context omitted.

>> One criticism of New York Times that I've read online is that they won't allow you to cancel your digital subscription through their website. They force you to call them. I'm not sure if that has changed recently, but that's a pretty questionable dark pattern. FWIW, I have a "cancel subscription" link in my profile.

Same, I canceled easily via the web app recently when they decided to doubled down on being another partisan rag like WaPo, feeding off the outrage culture which does well on social media these days. I see it's paid off commercially, no doubt, as it's seemed to have attracted a new wider user base as the lower quality comment sections now reflects on every political article. Including the NYT selected preferred comme…

Even the Financial Time is starting to drift in that direction...

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#82

Post by dspillett »

undreren wrote: post #19
TheAceOfHearts wrote: post #9

It's surprising to see how small they are. Only 3.8 million subscribers, and you have to imagine that some percentage of that barely reads their content. I wonder if there's public numbers estimating how many people in total read the New York Times, and how it compares to emerging forms of media and entertainment like YouTube. One criticism of New York Times that I've read online is that they won't allow you to cance…

> One criticism of New York Times that I've read online is that they won't allow you to cancel your digital subscription through their website. They force you to call them. I'm not sure if that has changed recently, but that's a pretty questionable dark pattern. This is illegal in Europe. By law, it has to be at least as easy to cancel subscriptions, as it is to buy them. I love Europe. :)

I don't know about the legality, but it is certainly common place over here even with periodicals that seem reputable (I recently cancelled New Scientist: sign-up was done easily any time online, cancellation has to be done by phone call inside office hours).

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#83

Post by Illniyar »

Dwolb wrote: post #76

That’s just insane. This is a great accomplishment for NYT but I’m worried about what it means for the rest of the industry. NYT switching its business model has to be one of the most public and well-executed digital transformations of an old company ever. If NYT is the best at this and can only turn 24M a quarter, almost everyone else must be absolutely bleeding. This would confirm most of the newspapers out there a…

Is 100M$ a year profit, not revenue but profit, a low amount for a newspaper to make? that seems to me like a fair amount to be at the top.

If other newspapers make a tenth of the profit, that should still be an acceptable market? no?

Edit: with 3700 employes (per Wikipedia) that's put their profit to be about 27000$ per employee. That's 4 times as much as walmart. From what I can tell it's also more then IBM and probably higher then most non-tech, non-oil businesses

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#84

Post by matt4077 »

unixhero wrote: post #78

Offtopic: I am a European, and I like to read quality journalism. Which do you recommend, a subscruption to Washington Post or NYT?

The NYT is still far ahead of the WP. I like to get the actual print edition once in a while. On the weekends, it's positively massive.

It's also far cheaper than any comparable subscriptions in my European country (Germany), at least for the first year.

Another alternative I want to mention is The New Yorker: It's something like 1 Euro per week for the actual print edition, and it's a beautiful magazine both in style as well as in its content.

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#85

Post by naturalgradient »

unixhero wrote: post #78

Offtopic: I am a European, and I like to read quality journalism. Which do you recommend, a subscruption to Washington Post or NYT?

The Washington Post. The NYT is unapologetically taking a side in the culture war and on many issues (campus politics, feminism, title IX, migration..) will ever only let one side make their point. The Wapo in my observation has a much better mix of both sides.

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#86

Post by zorkw4rg »

illuminati1911 wrote: post #27
gear54rus wrote: post #23

Earlier quoted context omitted.

Any links to that?

Too many to even count. Google Sarah Jeong + NYT.

Weird why is that getting flagged/downvoted? Isn't that a legitimate topic of discussion? It should be possible to at least point out the facts of what happened.

She wrote some tweets in the past that some people interpreted as racist against white people, nyt responded by arguing that it was just a reflection of the hateful rhetoric she received as an asian person.

https://www.washingtonpost.com/news/the-intersect/wp/2018/08...

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#87

Post by eksemplar »

Dwolb wrote: post #76

That’s just insane. This is a great accomplishment for NYT but I’m worried about what it means for the rest of the industry. NYT switching its business model has to be one of the most public and well-executed digital transformations of an old company ever. If NYT is the best at this and can only turn 24M a quarter, almost everyone else must be absolutely bleeding. This would confirm most of the newspapers out there a…

It’s worry some that people have shifted their focus to unedited and often fairly anonymous sources for news. HN is honestly a good example as well.

I’ve written numerous upvoted posts sharing information about the Scandinavian public sector and tech-management, but I’m not a vetted source. I mean, you can’t even tell if I’m Scandinavian from HN.

My squabbling is relatively harmless of course, but it’s not always like this. If I was a different person I could’ve spent my time writing anti-vaccination stuff on another media, and people would have put the same sort of trust in my words. Not HN users, at least I’d like to think so, but a lot of people would have.

That’s insanely dangerous to a free society, because we rely on truth, and right now there really isn’t a lot of it going around.

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#89

Post by _rpd »

Dwolb wrote: post #76

That’s just insane. This is a great accomplishment for NYT but I’m worried about what it means for the rest of the industry. NYT switching its business model has to be one of the most public and well-executed digital transformations of an old company ever. If NYT is the best at this and can only turn 24M a quarter, almost everyone else must be absolutely bleeding. This would confirm most of the newspapers out there a…

Their stock dropped 5% because the market perceived ‘slowing digital subscriber growth’. So not all good news even for NYT.

Re: New York Times Co. Reports $24M Profit, Thanks to Digital Subscribers

#90

Post by akhatri_aus »

dazc wrote: post #24
mey wrote: post #8

As a paid sub, really don't like that they still attempt to blast you with ads.

This was my experience with The Times in the UK plus equally difficult to unsubscribe.

If you use Revolut to sign up with a virtual card you can just disable the card if you want to unsubscribe and they're difficult about it
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