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New York Times forecasts quarterly subscription revenue growth above estimates

New York Times forecasts quarterly subscription revenue growth above estimates

Yahoo07-05-2025
(Reuters) -The New York Times forecast second-quarter subscription revenue growth above Wall Street estimates on Wednesday, betting on strong demand for its bundled offerings.
The NYT has been bundling its core news offerings with lifestyle-focused products such as Wirecutter, sports website The Athletic and games including Wordle.
The publisher has won four Pulitzer Prizes, including the one in collaboration with the nonprofit Baltimore Banner.
The news publisher expects subscription revenue growth of 8% to 10% in the second quarter, compared with analysts' average estimate of an 8.2% rise, according to data compiled by LSEG.
The company added about 250,000 digital-only subscribers in the first quarter, compared with Visible Alpha estimates of 248,000.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Shinjini Ganguli)
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