Positive
Seeking Alpha
14 days ago
New York Times: Impressive Sub Growth, Questionable Valuation
The New York Times continues to impress with strong digital subscriber growth and rising average revenue per user, defying industry headwinds. NYT's Q2 revenue grew 9.7% year-over-year, beating expectations, with bundle subscribers and successful promotional conversions driving ARPU higher. New licensing deals, like the recent Amazon partnership, and AI-driven newsroom efficiencies present potential catalysts for future EPS acceleration.