Digital Pays Out for The New York Times While Print Journalism Flounders: Business Casual

With writers laid off, publications not going to print, and thousands of media professionals furloughed, the world of print media experienced drastic cutbacks as a result of the pandemic. But The New York Times, other than its several lay-offs and furloughs, has somehow remained insulated to the economic effects of the global pandemic as an institution. In fact, the paper gained digital subscribers and now relies more on revenue from digital subscribers than print.

Powered by RedCircle

Business Casual hosts Daniel Litwin and Tyler Kern take a look at the numbers and consider how the Times saw growth while their marketing budget saw cuts. The world of media and journalism is changing, and distinguished, historic papers like The Times are finding success with pay-walled content. Will print and digital news media continue to peacefully co-exist in the future of news media?

Follow us on social media for the latest updates in B2B!

Latest

Daimler Truck Shrugs Off Supply-Chain Issues With Rising Sales
August 11, 2022
(Bloomberg) -- Daimler Truck Holding AG said demand for commercial vehicles will continue to outweigh supply in the second half of the year after the German manufacturer reported better-than-expected quarterly Read more
Micron’s Warning Adds to Evidence of Collapsing Chip Demand
August 11, 2022
(Bloomberg) -- Micron Technology Inc., the leading US maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won’t Read more
What the Fire Ignited: Transforming Tragedy into Personal and Professional Success
August 10, 2022
When life’s challenges are the toughest, inspiration comes from those who’ve faced the worst and come out on top. Just ask Shay Eskew, Chief Sales Office at CirclesX, a man who took on Read more