It’S Now Not The Sort Of Loopy Idea For The Big Apple Instances To Move All Virtual—Remark

Six years ago the New York Times shocked the newspaper industry by rolling out a paid-digital strategy.
Since then, online subscriptions have been on an upswing, helped by Donald Trump’s rise to the U.S. presidency.
Then strip out print: that removes 58 percent of forecast 2017 revenue and, on a back-of-the-envelope estimate, 40 percent of operating costs.
Although print-advertising and circulation revenue made up two-thirds of the Times’ top line in 2016, the proportion is declining and print also accounts for a huge chunk of expenses.
Start with estimated revenue for this year, pegged at over $1.6 billion by Barclays, up from 2016 thanks to another chunky increase in online subscribers.

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