New York Times Adds 460,000 Digital Subscribers
New York Times Co. reported third-quarter earnings that beat analysts’ expectations as the company continues to successfully entice subscribers by bundling news with games, cooking recipes and podcasts.
The newspaper publisher reported earnings of 59 cents a share on Wednesday, excluding some items. The results topped Wall Street estimates of 55 cents a share. Revenue totaled $700.8 million compared with expectations of $691.5 million.