The New York Times Financials

The New York Times generated $2.3 billion in revenue in 2022 and $174 million in net income, compared to over $2 billion in revenue in 2021 and $220 million in net profits in 2021. Related to The New York Times Who Owns The New York Times? The New York Times' major individual shareholder is the Sulzberger family, owning it for several generations. Indeed, A. G. Sulzberger owns 1.4% of Class A and 94.5% of Class B stocks. The New York Times now runs primarily via a subscription-based model. Indeed in 2022, of $2.3 billion total revenue, The NY Times generated 67% of its revenue from subscriptions ($1.55 billion). The New York Times Business Model The New York Times generated 67% of its revenue from subscriptions in 2022. Indeed, of over $2.3 billion in revenues in 2022, $1.55 billion came from subscriptions (both printed and digital), $523 million from advertising (printed and digital), and $232 million in other revenues. Of the subscription revenues, over $978 million were generated by digital subscriptions, while printed subscriptions generated $573 million. The New York Times Financials The New York Times generated $2.3 billion in revenue in 2022 and $174 million in net income, compared to over $2 billion in revenue in 2021 and $220 million in net profits in 2021. The New York Times Revenue The New York Times generated $2.3 billion in revenue in 2022, of which $1.55 billion was from subscriptions, $523 million from advertising, and $232 million from other revenues. In 2022 over 67% of the revenue came from subscriptions, 22.7% from advertising, and over 10% from other revenue. The New York Times Employees The New York Times had 5,800 employees in 2022, compared to 5,000 employees in 2021 and 4,700 employees in 2020. The New York Times Journalism Operations The New York Times has further ramped up its journalism operations in the last three years. Indeed, as of 2022, of the total workforce, 45% were employed in journalism-related operations, compared to 40% in 2021 and 36% in 2020. The New York Times Digital vs. Printed The New York Times had 9.55 subscribers in 2022, 8.83 million digital-only subscribers, and 730K print subscribers. Compared to 6.78 million digital subscribers in 2021, vs. 795K printed subscribers. And 6.73 million digital subscribers in 2020, vs. 833K print subscribers. The New York Times ARPU The New York Times had an ARPU of $8.93 in Q4 2022, for its digital subscribers, vs. $8.87 in Q3, $8.83 in Q2, and $9.13 in Q1 2022. Related Publishing Business Models Google Business Model Google is a platform, and a tech media company running an attention-based business model. As of 2021, Alphabet's Google generated over $257 billion in revenues. Over $209 billion (over 81% of the total revenues) came from Google Advertising products (Google Search, YouTube Ads, and Network Members sites). 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Gennaro Cuofano

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About The Author

Gennaro Cuofano