The New York Times closed out 2015 strong by posting a $52 million profit for the fourth quarter. That number marked a 48 percent jump compared to 2014’s 4Q.
The solid gain was supported by continued success in the digital realm. Digital ad revenue was up 11 percent for the quarter, to $70 million. Digital ad revenue now makes up a third of the company’s total advertising revenue.
As for digital subscriptions, the Times also continued to show gains.
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