The New York Times Company Reports Fourth-Quarter and Full-Year 2024 Results

Meredith Kopit Levien, president and chief executive officer, The New York Times Company, said, “The fourth quarter capped another strong year for The Times in which we made further progress toward becoming the essential subscription for every curious person seeking to understand and engage with the world. Our market-leading news and premium lifestyle products proved more valuable to more people in 2024. Deep engagement fueled our multi-revenue stream model, and enhanced our durability even in a dynamic information ecosystem. Altogether, this momentum gives us confidence that we can deliver another year of healthy growth in subscribers, revenue, and profitability, as well as strong free cash flow.”

  • Growth in both digital subscribers and ARPU drove a year-over-year increase in digital subscription revenues of 16.0 percent.• Digital advertising revenues increased 9.5 percent year-over-year largely as a result of higher revenues from direct-sold display advertising and programmatic advertising. • Other revenue increased 16.3 percent year-over-year as a result of higher Wirecutter affiliate referral and licensing revenues.
    more at: https://s23.q4cdn.com/152113917/files/doc_news/2025/02/Q4-2024-Earnings-Release-Final-for-Distribution-RV1uGQvS.pdf
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