New York Times Digital Finally Generates Internet Profits

I’m glad to see that New York Times Digital‘s operating profit during the previous three months was (US) $8.4 million — an annualized yield of $34.6 million in profit. Why am I only now happy when NYTD has been reporting ‘profitability’ for two years? Because its figure have always been boosted by some $25 million in revenues that have had nothing to do with the Internet and that predate NYTD. So, if NYTD is now reporting more than $25 million in profits, then it finally has become truly profitable from its Internet operations. When NYTD was formed in the mid-1990s, […]