“The New York Times is committed to delivering the most trustworthy news and useful guidance about the coronavirus and its consequences.”
In its quarterly update Wednesday, the prestigious US daily said it added 587,000 new digital subscribers to reach five million. Including its print subscribers, the total is 5.8 million.
New York Times Co. president and chief executive Mark Thompson said the daily was pledging to keep up its coverage during the global coronavirus pandemic. The Times said it was boosting its newsroom staff during the crisis which has, according to the daily, resulted in the loss of at least 36,000 US news jobs.
“The Times’s business model, with its growing focus on digital subscription growth and diminishing reliance on advertising, is very well positioned to ride out this storm and thrive in a post-pandemic world,” he said.
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