New York Times gained 450,000 digital subscribers: Surpassed expectations.

New Subscriptions and Financial Success

New York Times exceeded Wall Street's expectations, reporting a profit of 89 cents per share, excluding some items. The newspaper's total revenues were reported at $802.3 million, surpassing the expected $791.6 million.

Digital Subscriber Growth and Advertising Revenues

While the media sector faces challenges from artificial intelligence and technological transformations, the New York Times stood out by gaining 450,000 new digital subscribers. This growth brought the total to 12.8 million subscribers. This figure aligns with Wall Street's predictions and demonstrates the effectiveness of the newspaper's digital strategy.

16% Increase in Advertising Revenues

Advertising revenues also exceeded the forecast of $182 million, with actual revenues reaching $191.7 million. This represents a 16% increase compared to the previous period.

Artificial Intelligence Technology and Legal Battles

Last year, the New York Times entered into a new licensing agreement to use its editorial content on Amazon.com Inc.'s AI platforms. Additionally, the newspaper filed a lawsuit against Perplexity AI Inc., claiming that the startup copied and distributed its proprietary content without permission. This case has become one of the significant examples of recent lawsuits against AI developers.