New York Times Surpasses 10 Million Digital Subscribers, Reports Strong Q2 Growth

The media giant sees significant revenue and profit increases, driven by digital subscriptions and multi-product bundles.

The New York Times added 300,000 digital subscribers in Q2 2024, bringing the total to 10.2 million.
Digital subscription revenue grew 12.9% year-over-year to $304.5 million.
The Athletic, acquired by the Times in 2022, showed substantial revenue growth despite ongoing losses.
Total revenue for the quarter was $625.1 million, a 5.8% increase from the previous year.
The company spent $2 million this quarter on litigation against Microsoft and OpenAI.