Strong Subscription Growth, a Drop in Print Ad Revenue, Rise in Digital: NYT's Mixed Earnings Report

And a dig at President Trump in the earnings call

New York Times’ 2016 Q4 earnings report, released today, was definitely a 2016-2017 story. There was the rise in digital and drop in print advertising revenue that has been the publishing industry story for years. There was the large growth in subscriptions that may have been a customer vote of confidence in response to the 2016 election results, and there was the very definitive response by Times CEO Mark Thompson to President Trump’s penchant for sending out “failing @nytimes” tweets.

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