Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  New York Times Co    NYT

News SummaryMost relevantAll newsSector newsTweets

NY Times Cuts Number Of Free Web Articles To 10/Month

share with twitter share with LinkedIn share with facebook
share via e-mail
03/20/2012 | 05:26pm CEST

--New York Times cuts free monthly articles to 10 stories

--New York Times and sister publication the International Herald Tribune had 454,000 paid digital subscribers as of Sunday

--Part of a growing movement by newspapers to set up pay walls for online content

(Updates throughout with details on New York Times and other newspapers' pay models, along with background.)

    By William Launder 

The New York Times Co. (>> The New York Times Company) on Tuesday said it would halve the number of stories available for free each month at its flagship newspaper's website.

The move comes a year after the New York Times began charging viewers for online access, and as a growing tally of publishers establish pay walls to supplant revenue lost from their slowing print advertising and subscription businesses.

The New York Times further said it had increased its base of paid digital subscribers at the newspaper and its sister publication the International Herald Tribune to 454,000 subscribers as of Sunday. The increase represents a more than 16% jump from the end of 2011, when the company had 390,000 paid digital subscribers at the two newspapers.

Beginning in April, the New York Times will limit the number of free stories available on its website to 10 articles from its current 20-story allotment, before readers are prompted to subscribe and are shut out from viewing free content for one month.

The New York Times "metered" pay model is similar to one launched by Pearson PLC's (PSO, PSON.LN) Financial Times in 2007, which grants readers access to eight stories for free each month before they are asked to subscribe. The Financial Times had 267,000 paid digital subscribers at the end of February.

News Corp.'s (NWS, NWSA) The Wall Street Journal has 1.3 million paid digital subscribers, and began charging for some online content to the newspaper in 1996. News Corp. owns this newswire.

Unlike the metered model used by some of its peers, The Wall Street Journal allows readers to view some stories for free, regardless of their viewing history, but limits other articles only to subscribers.

The New York Times previously implemented a pay wall for some of its content, such as op-ed columns, but abandoned its TimesSelect model in 2007.

Elsewhere, Gannett Co. (>> Gannett Co., Inc.) said earlier this year that it would begin charging for digital access at its newspapers, except for USA Today, and Tribune Co.'s Los Angeles Times also has started charging for online access.

-By William Launder, Dow Jones Newswires; 212-416-3412; [email protected]

Stocks mentioned in the article : Gannett Co., Inc., The New York Times Company
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NEW YORK TIMES CO
10/05 NEW YORK TIMES : Op-Docs, Firelight Media and the WORLD Channel Collaborate to P..
10/03 NEW YORK TIMES CO : ex-dividend day
10/02 NEW YORK TIMES : Google drops "first click free," loathed by many publishers
09/28 NEW YORK TIMES : Tickets Now Available for 2018 New York Times Travel Show, 'Cel..
09/20 THE NEW YORK TIMES COMPANY : Declares Regular Quarterly Dividend
09/12 NEW YORK TIMES : Announces Key Appointments and Changes to Digital Operations
09/08 NEW YORK TIMES CO : Change in Directors or Principal Officers (form 8-K)
08/30 NEW YORK TIMES : Stocks Under Scanner in the Services Space -- Pearson, Gannett,..
08/21 NEW YORK TIMES : World Leaders, Policy Experts, Economists and Other Influencers..
08/19DJNEW YORK TIMES : Google Searches for Ways to Boost News Subscriptions
More news
News from SeekingAlpha
10/13 The Thriving New York Times
10/06 New York Times -1.8% as Weinstein threatens suit over expose
09/27 TIME INC. : It's Time To Let Go Of Some Asset Holdings And Operations
09/20 New York Times declares $0.04 dividend
Financials ($)
Sales 2017 1 660 M
EBIT 2017 209 M
Net income 2017 104 M
Debt 2017 66,0 M
Yield 2017 0,83%
P/E ratio 2017 36,92
P/E ratio 2018 30,97
EV / Sales 2017 1,91x
EV / Sales 2018 1,83x
Capitalization 3 109 M
Duration : Period :
New York Times Co Technical Analysis Chart | NYT | US6501111073 | 4-Traders
Technical analysis trends NEW YORK TIMES CO
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 5
Average target price 15,0 $
Spread / Average Target -22%
EPS Revisions
Mark J. T. Thompson President, Chief Executive Officer & Director
Arthur O. Sulzberger Chairman
Meredith Kopit Levien Executive VP, Chief Operating & Revenue Officer
James M. Follo Chief Financial Officer & Executive Vice President
Doreen A. Toben Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NEW YORK TIMES CO43.99%3 109
NEWS CORP19.37%8 044
DB CORP LTD0.00%1 051
HT&E LTD0.00%455