The New York Times Growth in digital subscribers

News from Midwest

The first number is 308,000 which is the net new digital subscribers according to CNN.

Circulation revenue is growing fast. But print ad revenue, the old backbone of the company, is declining fast. That leads to the second number: 17.9 percent.

The Times noted that digital ad revenue increased by 18.9 percent — but print is still more lucrative for the Times and other major papers.

The company’s overall earnings were 11 cents per share in the quarter, up a penny from the same quarter last year.

The current number of digital-only subscriptions is 2.2 million.

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