Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
0
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 
    Of  
 

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
0
Latest news on NEW YORK TIMES CO
06/23 NEW YORK TIMES : Daily Technical Summary Reports on Services Stocks -- Thomson R..
06/20 NEW YORK TIMES : Kathleen Kingsbury Named Deputy Editorial Page Editor, The New ..
06/15 NEW YORK TIMES : Ranked Top News Media for Affluent Europeans
06/08 NEW YORK TIMES : Announces Dates For 2018 Travel Show; Tickets Available In Fall..
06/08 NEW YORK TIMES : Opens New Advertising Office in Japan
06/07 NEW YORK TIMES CO : Change in Directors or Principal Officers, Financial Stateme..
06/07 THE NEW YORK TIMES COMPANY : Names Meredith Kopit Levien Chief Operating Officer
06/01 NEW YORK TIMES : Opens T Brand Studio Hong Kong
05/31 NEW YORK TIMES CO : Regulation FD Disclosure, Financial Statements and Exhibits ..
05/24 NEW YORK TIMES : Op-Docs and Sundance Institute Announce Joint Projects Supporte..
More news
Sector news : Newspaper Publishing
05/31DJFox News May Tap Heat Street Editor for Website -- Sources
05/15 PEARSON : Brazilian businessman buys stake in language training chain for $64 mi..
05/12 Dealmaking supports European shares but Richemont profit miss weighs
05/09 QANTAS AIRWAYS : Pie in the sky as Australia's Qantas boss gets just dessert
05/06DJPEARSON : Looks to Sell U.S. Assets -- WSJ
More sector news : Newspaper Publishing
News from SeekingAlpha
06/13 What's In It For Facebook? - A Look At Users Paying For News
06/12 WSJ : Facebook building news-subscription feature
06/12 Older media stocks strong in face of tech sell-off
06/09 Watching Washington For What Could Hit Advertising Revenues
06/07 New York Times Will Benefit From Unpredictable Political Landscape
Advertisement
Financials ($)
Sales 2017 1 634 M
EBIT 2017 191 M
Net income 2017 89,3 M
Debt 2017 44,0 M
Yield 2017 0,91%
P/E ratio 2017 32,09
P/E ratio 2018 30,70
EV / Sales 2017 1,77x
EV / Sales 2018 1,70x
Capitalization 2 848 M
More Financials
Chart NEW YORK TIMES CO
Duration : Period :
New York Times Co Technical Analysis Chart | NYT | US6501111073 | 4-Traders
Full-screen chart
Technical analysis trends NEW YORK TIMES CO
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 14,1 $
Spread / Average Target -20%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NEW YORK TIMES CO32.71%2 848
NEWS CORP18.59%7 999
ZHEJIANG DAILY DIGITAL..9.17%3 673
FAIRFAX MEDIA LIMITED37.08%2 123
DB CORP LTD0.00%1 092
HT&E LTD0.00%571
More Results