Major media and newspaper companies have released earnings reports for
the last quarter.
Reports are online from
The New York Times report
says that for the first time, total digital-only subscription revenue exceeded
print subscription revenue, “making digital-only subscriptions not just the
central engine of the company’s growth, but on its way to being our largest
revenue stream.”
For its part Gannett
surpassed 1 million paid digital-only subscribers. “Our third quarter results
showed a significant and rapid rebound from the second quarter impact of the
COVID pandemic and economic shut down,” said Michael Reed, Gannett chairman and
CEO in the report.
Posts
No comments:
Post a Comment