Subscription: Consist of revenues from subscriptions to the print and digital products (which include news products, as well as Crossword and Cooking products) and single-copy sales of the print newspaper. Advertising: Includes sale of advertising products and services on print and digital platform.
Where does the New York Times get its money from?
The New York Times generated over $2 billion in revenues in 2021, $1.36 billion in subscriptions, $497 million in advertising, and $215 million in other revenues. Of the subscriptions revenues, over $773 million were generated by digital subscriptions, while printed subscriptions generated $588 million.
Who is the New York Times funded by?
As a public company, The Times trades under the ticker symbol NYT, but the business is controlled by the Ochs-Sulzberger family through a trust. The publisher, A.G. Sulzberger, is a fifth-generation member of the family. Additional financial information can be found here.
Is The New York Times funded by the government?
New York City, U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded.
Top 10 Mutual Funds Holding New York Times Co
| Mutual fund | Stake | Shares owned |
|---|---|---|
| Vanguard Extended Market Index Fu… | 1.35% | 2,225,331 |
| Vanguard Explorer Fund | 1.32% | 2,191,142 |
| SPDR S&P Mid Cap 400 ETF Trust | 0.86% | 1,427,954 |
| Government Pension Fund – Global | 0.82% | 1,352,906 |
Is The New York Times doing well financially?
The New York Times Group revenues grew 7.6 percent in the second quarter of 2022 to $536.1 million from $498.5 million in the second quarter of 2021.
Does the New York Times make a profit?
It has a goal of 15 million by the end of 2027. The company reported $76 million in adjusted operating profit, 18 percent less than the same quarter last year.
How much does the New York Times pay its writers?
Average The New York Times Reporter yearly pay in the United States is approximately $65,000, which is 50% above the national average.
Who owns the most NYT stock?
The New York Times’ major individual shareholder is the Sulzberger family, owning it for several generations. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks.
The Times Company has a dual-class share structure. The shares used to elect the majority of the company’s board, called Class B, are controlled by a trust for the Ochs-Sulzberger family, which owns 95 percent of these shares. The family has controlled the business since Adolph Ochs purchased it in 1896.
What political party does The Times newspaper support?
Conservative Party (2010-present)
How much of New York is owned by the federal government?
Land ownership
| [hide]Federal land ownership in New York and other states by agency | ||
|---|---|---|
| State | ||
| U.S. Bureau of Land Management | 0 | 0.00% |
| U.S. Department of Defense | 133,714 | 7.05% |
| Total federal land | 211,422 | 100% |
Who paid for the New York Public Library?
1901. Philanthropist Andrew Carnegie donates $5.2 million (the equivalent to $160 million today) to purchase land and build branch libraries that formed the backbone of The New York Public Library’s circulating system.
Does BlackRock own the NY Times?
ownership in NYT / New York Times Co – 13F, 13D, 13G Filings – Fintel.io.
BlackRock Inc. ownership in NYT / New York Times Co.
| Security | NYT / New York Times Co |
|---|---|
| Institution | BlackRock Inc. |
| Latest Disclosed Ownership | 13,896,606 shares |
| Ownership | 8.30% |
What companies does the New York Times own?
Other assets
- Abuzz Technologies.
- The Athletic.
- Audm.
- Blogrunner.
- Wirecutter.
- Wordle.
What is The New York Times net worth?
The New York Times Company
| The New York Times Building | |
|---|---|
| Revenue | US$2.07 billion (2021) |
| Operating income | US$268 million (2021) |
| Net income | US$220 million (2021) |
| Total assets | US$2.56 billion (2021) |
What is the typical profit margin for the NY Times?
Current and historical gross margin, operating margin and net profit margin for New York Times (NYT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. New York Times net profit margin as of June 30, 2022 is 8.7%.
How does The Times make profit?
Times Money Mentor is paid for by advertising and marketing. Companies pay us to place adverts on the website and for the right to use our star ratings. Our ratings are independently researched by the consumer group Fairer Finance.
Who is the highest paid newspaper journalist?
The Highest-Paid News Anchors in 2019
- Sean Hannity. Salary – $40 million.
- Diane Sawyer. Salary – $22 million.
- Robin Roberts. Salary – $18 million.
- George Stephanopoulos. Salary – $15 million.
- Anderson Cooper. Salary – $12 million.
- Shepard Smith. Salary – $10 million.
- Maria Bartiromo. Salary – $10 million.
- Joe Scarborough.
How much does a journalist make working for The New York Times?
The New York Times Company pays $93,750 on average per year, or $45.07 an hour in the United States. The New York Times Company pays workers in the bottom 10th percentile under $53,000 a year, while the highest earners in the top 90th percentile make over $163,000.
What is the highest paying journalism job?
High Paying Journalist Jobs
- Financial Writer. Salary range: $94,500-$127,000 per year.
- Magazine Writer. Salary range: $39,500-$124,500 per year.
- Travel Journalist. Salary range: $38,500-$124,500 per year.
- Investigative Writer.
- Political Reporter.
- Business Reporter.
- Feature Reporter.
- Entertainment Reporter.