> Even high quality publications like the New York Times have been struggling for a decade-plus now to figure out a way just to break even online.
False. "New York Times Co. Reports $24 Million Profit, Thanks to Digital Subscribers" [1]. 3/4 of NYTimes subscribers are online-only. They take in $100mm in online subscriptions and $50mm in online ads per quarter.
False. "New York Times Co. Reports $24 Million Profit, Thanks to Digital Subscribers" [1]. 3/4 of NYTimes subscribers are online-only. They take in $100mm in online subscriptions and $50mm in online ads per quarter.
https://www.nytimes.com/2018/08/08/business/media/new-york-t...