The New York Times Company: Growth in Digital Subscriptions & Revenue Fueling Our ‘Outperform’ Rating! 

The New York Times Company reported its fourth quarter and full-year financial results for 2024, highlighting solid performance across key operational and financial metrics. The company continued to focus on its essential subscription strategy, aiming to expand its subscriber base and diversify its revenue streams. In 2024, New York Times Company added over 1.1 million digital subscribers, bringing its total subscriber count to 11.4 million. The digital subscription revenue increased by 14%, driven by both subscriber growth and an increase in average revenue per user (ARPU). The company’s bundle offering, which includes news and lifestyle products, showed significant traction, contributing to subscriber growth and an increase in ARPU.