- Shares of The New York Times have fallen this year as investors' confidence in the company's organic digital growth is waning.
- At present, the company continues to grow digital-only subscribers, but many of these subscribers are gained through discount offers. The competitive landscape remains fierce.
- To stave off deceleration, The New York Times has turned to an M&A playbook, acquiring The Athletic for $550 million in cash.
- Operating costs are expected to rise faster than revenue in 2022.
For further details see:
The New York Times: Death By A Thousand Cuts