TimesSelect: 465,000 subscribers in 6 months
Back in September when TimesSelect launched, many people asked Is Paul Krugman Worth $49.95? ... That's the way Business Week posed the question. Half a year later, TimesSelect has approximately 465,000 subscribers, of which 62 percent are home subscribers and about 38 percent are online-only.
Umair might not think it is a good idea in the long-term, but I still think this is their best effort to date to convince people to pay for content.
Paid Content on the latest NYT earnings release:
A newsy earnings release from the New York Times Company today, including word that the company’s internet businesses now account for 7.5 percent of overall reven ues, up 4.5 percent over 1Q05. The dollar amount: $62 million. The growth in revenue relevance is attributed to strong organic growth and the About.com acquisition last March. The 1Q06 earnings were skewed by a pre-tax gain that pumped up 1Q05; NYTCO turned in an operating profit of $68.3 million, down from $208.1 million.
Saturday, April 15, 2006
 Comments:
|
