Source:
https://scmp.com/news/world/united-states-canada/article/2104413/new-york-times-digital-subscribers-soar-past-2
World/ United States & Canada

New York Times digital subscribers soar past 2 million despite Trump’s claim they are failing

The New York Times building stands in Manhattan on July 27, 2017. New York Times Company shares have surged to a nine-year high after posting strong earnings on Thursday, partly due to new digital subscriptions following the election of Donald Trump as president. Photo: AFP

The New York Times Co said on Thursday its digital-only subscriptions topped 2 million at the end of June, up 63.4 per cent from a year earlier, despite President Donald Trump’s repeated claim that the news giant is failing.

The newspaper publisher said it had some 2.33 million total digital-only subscribers, including subscriptions for its crossword product. Of them, digital-only news product subscriptions were 2.03 million, up 66.7 per cent.

People walk by The New York Times headquarters, in New York. Photo: AP
People walk by The New York Times headquarters, in New York. Photo: AP

“We believe that more and more people are prepared to pay for high quality in-depth journalism that helps them make sense of the world,” Mark Thompson, chief executive of The Times, said in a statement.

On Thursday, Trump continue to attack the Times: