Strong digital growth pushed The New York Times Company to 13.1 million subscribers in the first quarter, keeping the publisher on track to hit its target of 15 million subscribers by the end of 2027. The company added about 310,000 digital-only subscribers during the quarter and has averaged roughly 330,000 new subscribers a quarter since the start of last year. The results underline the continued strength of the Times’ subscription business at a time when many publishers are struggling to grow digital revenue. Rising advertising sales and licensing income also helped lift profits. Total revenue rose 12 per cent year…
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Newsweek’s turnaround under chief executive Dev Pragad has been driven less by internal restructuring than by a series of partnerships that helped rebuild the publisher’s audience, technology and commercial business. When Pragad took over, the company was carrying more than $25 million in debt and struggling with declining readership. Rather…
Australia has unveiled a new plan to push Meta, Google and TikTok into paying more directly for the journalism their platforms distribute, in a move that could bring in up to A$250 million a year for newsrooms. According to draft legislation released by the government, the measure would be introduced…
Yahoo Media Group is expanding into specialist coverage with a free sports business hub that brings together Yahoo Sports and Yahoo Finance, aiming to give readers a single destination for reporting on the money, media and investment forces shaping sport. The move reflects the shift in digital publishing towards bundled,…
Hang around in this world long enough and you learn that what was once a new idea will soon become an old idea, and then, later, be resurrected as a new idea once more. There’s a case in point in journalism right now: reducing story count. Or, as people were…
Hearst is recasting itself around data and artificial intelligence as the 140-year-old group seeks to make its portfolio faster, more connected and better suited to digital change. As AI tools spread, the competitive edge is moving away from raw scale towards how effectively companies structure, govern and apply their data…
Time Studios is teaming up with Piers Morgan’s Uncensored on a new interview series, extending the Time brand’s push deeper into premium video and long-form storytelling. The move fits with a broader strategy at Time Studios, which has positioned itself as an Emmy Award-winning producer across television, film, audio and…
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Axios is accelerating its use of artificial intelligence as it seeks to expand its reach and output, with executives making clear the technology will also reshape staffing and workflows across the company. In a memo to staff, chief executive Jim VandeHei described AI as central to a “moonshot” ambition to…
The Greek Antenna Group has acquired Gedi Gruppo Editoriale, the Turin-based publisher of La Repubblica, in a deal that reshapes Italy’s media landscape and ends the Agnelli-Elkann family’s involvement in the sector. The sale — confirmed to staff on Monday by Gedi chairman Paolo Ceretti — follows months of negotiation…
This first appeared in our weekly newsletter Editor’s picks. Sign up here I have long believed that op-ed columnists should be given five years in the job and then be sent out to pasture or other assignments. My experience is that after that long in the job – and to…
Axios has cut 11 newsroom roles as it pivots away from general assignment reporting towards specialist journalists with deep subject expertise. The move underscores a broader shift in digital media, where publishers are betting that authority and niche knowledge , rather than scale , will drive audience growth and revenue,…
News Corp said Dow Jones, the parent of the Wall Street Journal, could generate $1bn in annual earnings within five years, as the company shifts further towards digital subscriptions and professional data products. The target, presented at an investor briefing on March 16, implies growth of about 70 per cent…
USA Today has appointed Jamie Stockwell as vice president of news, the company said, adding that she will take up the role on 30 March 2026. The hire places Stockwell alongside senior vice president Monica Richardson as USA Today seeks to expand its national reach and modernise newsroom operations. “USA…
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