emergentfutures:

The New York Times Is Now Supported by Readers, Not Advertisers


At the company’s big three papers — the Times, International Herald Tribune, and Boston Globe — print and digital ad dollars dipped 6.6 percent to $220 million, while circulation revenue was up 8.3 percent to $233 million. The historical rebalancing, which occurred at the News Media Group for the first time in Q1, may indicate a sea change in an industry that has long relied on advertising to stay afloat. “They’re probably the first major paper that has crossed that line,” media analyst Ken Doctor of Newsonomicstold Daily Intel. “It is an interesting moment.”

Full Story: NYMAG

emergentfutures:

The New York Times Is Now Supported by Readers, Not Advertisers

At the company’s big three papers — the TimesInternational Herald Tribune, and Boston Globe — print and digital ad dollars dipped 6.6 percent to $220 million, while circulation revenue was up 8.3 percent to $233 million. The historical rebalancing, which occurred at the News Media Group for the first time in Q1, may indicate a sea change in an industry that has long relied on advertising to stay afloat. “They’re probably the first major paper that has crossed that line,” media analyst Ken Doctor of Newsonomicstold Daily Intel. “It is an interesting moment.”


Full Story: NYMAG