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She joined the Times in 2007 as a web producer and later helped launch the Cooking app in 2014. Rachel Vanni via The New York TimesWhile many media companies have struggled recently, The New York Times has been a big digital success story. The Cooking app, along with Games, The Athletic, and Wirecutter, have bolstered the company's subscription business by providing different entry points. The "All Access" bundle strategy also lets the Times leverage upticks in demand for different types of content depending on the time of year (such as the winter holidays, which are peak cooking times) or news cycles. Cooking has learned that newer users perceive Times recipes as taking longer than they say.
Persons: foodies, Emily Weinstein, weren't, Rachel Vanni, Camilla Velasquez, Cooking's, Weinstein, Eric Kim, Melissa Clark, Clark, Matthew Tom, Wolverton, Adam Nagourney, Meredith Levien, Los Angeles Times haven't, they're, It's, Wirecutter, Condé, Bon Appétit, Carla Lalli, Molly Baz, Alison Roman, David Lebovitz's Organizations: The New York Times, Times, Business, New York Times, Games, The Athletic, Food, NYT, YouTube, longtime, Journalism, Athletic, Washington Post, Los Angeles Times Locations: America, TikTok
The New York Times Company added 300,000 paid digital subscribers in the fourth quarter of 2023, the company said on Wednesday, helping to push annual revenue for digital subscriptions above $1 billion for the first time. The Times reported total revenue of $676.2 million in the last three months of the year, essentially flat compared with a year earlier. Adjusted operating profit increased 8.5 percent, to $154 million. It was “a strong year for The Times that showcased the power of our strategy to be the essential subscription for every curious person seeking to understand and engage with the world,” Meredith Kopit Levien, the company’s president and chief executive, said in a statement. The company has focused in recent years on pushing a bundle of products to subscribers: its core news report as well as games like Wordle and Spelling Bee; its product review site, Wirecutter; a recipe app; and The Athletic, its sports news website.
Persons: ” Meredith Kopit Levien Organizations: New York Times Company, The Times, Athletic
Pro-Palestine media workers protested Western news outlets' coverage of the conflict in Gaza. The protestors gathered at a press freedom gala in Manhattan Thursday night. ET, chanting and handing out a mock newspaper printed in the style of the Times and titled "The New York War Crimes." Noah Hurowitz/Business Insider"I wish you knew what you were talking about," muttered Michael Golden, a businessman who served until 2016 as vice-chairman of the New York Times Company. "I know how the New York Times works, and they don't," he said, as a woman accompanying him urged him to stop talking.
Persons: , Meredith Kopit Levien, Harron Walker, Walker, Noah Hurowitz, Michael Golden Organizations: Palestine, Service, New York Times, Times, Protect Journalists, West Bank —, New York Times Company, Gaza Ministry of Health, Hamas Locations: Gaza, Manhattan, Midtown Manhattan, Israel, Palestine, York
The New York Times now has more than 10 million subscribers, the company said on Wednesday, edging closer to its goal of 15 million by the end of 2027. In its third-quarter report, The New York Times Company said it had added 210,000 net digital-only subscribers in the three months through September, giving it 9.41 million along with 670,000 print subscribers. The Times Company has focused on getting subscribers to sign up for more than one of its offerings, which include the core news report, Cooking, Games, the Wirecutter review site and the sports news site The Athletic. Nearly 3.8 million of the 9.41 million digital-only subscribers are subscribed to at least two products, the company said. Meredith Kopit Levien, the company’s president and chief executive officer, said in a statement that the third-quarter results showed that The Times’s “multiproduct bundle” was performing well and would “further us down the path to building a larger, more profitable company.”
Persons: Meredith Kopit Levien, Organizations: New York Times, New York Times Company, The Times Company
Editor’s note: The following contains spoilers about the series finale of “Billions,” titled “Admirals Fund.”After seven twisty seasons, with more double and triple crosses than you can shake a stock certificate at, “Billions” successfully landed the plane (OK, private jet) with its series finale, in a satisfying finish that reassembled the key players and even gave them time to take individual bows. For a show with so much bite and venom, it was oddly sentimental in generally the best of ways. The final season found a way to raise the stakes above high finance, with billionaire Mike Prince (Corey Stoll) running for president, exhibiting enough problematic qualities and questionable beliefs to inspire those within in his inner circle to turn against him and try to thwart his bid. If it wasn’t quite the game of catch scene from “Field of Dreams,” for these purposes the point was much the same. The “Billions” finale is playing on Paramount+ and will premiere October 29 on Showtime.
Persons: Mike Prince, Corey Stoll, Prince, immeasurably, Damian Lewis, Bobby “, ” Axelrod, Chuck Rhoades, Paul Giamatti, Jeffrey DeMunn, Chuck, , Brian Koppelman, David Levien, Bobby, Wendy, Maggie Siff, Mike “ Wags ” Wagner, David Costabile, , Steve Miller Organizations: , Showtime, Paramount
As the Showtime financial thriller “Billions” prepares to air its final episode this weekend, it’s worth considering how far we’ve come. The show started as the story of the crusading U.S. Attorney Chuck Rhoades (Paul Giamatti) and the hard-charging hedge funder Bobby Axelrod (Damian Lewis). Exclusive restaurants, elaborate schemes and a host of cameos by real-world power players provided the backdrop for their battle. In a video chat earlier this month they discussed the state of play and the fates of the major players in the series, without revealing who (if anyone) wins the final “Billions” battle. According to an otherwise cagey Koppelman, “The end of this show is really for ‘Billions’ fans.” These are edited excerpts from the conversation.
Persons: Chuck Rhoades, Paul Giamatti, Bobby Axelrod, Damian Lewis, Lewis, Brian Koppelman, David Levien, Andrew Ross Sorkin, Mike Prince, Corey Stoll, Chuck, Prince, , Wendy, Maggie Siff Organizations: Showtime, U.S, New York Times, CNBC Locations: Miami
A former lawyer for DC United accused owner Jason Levien of cheating on his taxes. AdvertisementAdvertisementA whistleblower case filed by the former in-house lawyer for Major League Soccer team DC United that accused team owner Jason Levien of cheating on his taxes has been thrown out. AdvertisementAdvertisementIn addition to owning DC United, Levien reportedly owns pieces of Swansea City, the English football club, and the Brisbane Bullets, part of Australia's National Basketball League. Levien filed tax returns for past years and paid about $250,000 to the District in 2022, according to one of Deubert's filings. But DC tax officials concluded that Levien actually didn't owe a dime; Kya Henley, a spokesperson for Levien, said he received a refund check.
Persons: Jason Levien, Levien, , Christopher Deubert, Deubert, Kya Henley, Levien's Organizations: DC United, DC, Service, Major League Soccer, Columbia, Revenue, Swansea City, football, Brisbane Bullets, Australia's National Basketball League, District Locations: New York, Washington ,, Florida, Swansea
The New York Times is juicing up its ad revenue by bringing so-called open programmatic advertising back to its mobile app. Open programmatic is a methodology that lets any advertiser buy digital ads in real-time. In 2019, the Times shut down open programmatic ads from its mobile app because it wanted to focus on growing subscriptions and because those ads reportedly slowed the app's load times. The Times kept programmatic ads on its website. However, it currently allows Google, Index Exchange, PubMatic, and Magnite among others to sell programmatic ads on its desktop website according to its ads.txt file, which lists the companies publishers allow to sell programmatic ads.
Persons: We've, Matt Barash, Roland Caputo, it's, Meredith Kopit Levien Organizations: New York Times, Times, Google, Exchange Locations: Americas
WASHINGTON (AP) — Wayne Rooney is out as coach of D.C. United after one season, the team said Saturday night. D.C. United and Rooney agreed to part ways, the team posted on social media hours after a win over New York City FC. D.C. United becomes the ninth team to change coaches in the MLS this season. Despite a 2-0 victory on Saturday, D.C. United failed to qualify for the playoffs. “He remains an important part of the D.C. United family and a valued and cherished friend.”___
Persons: — Wayne Rooney, Rooney, Jason Levien, Priot, Wayne Rooney, ” Levien, Organizations: WASHINGTON, United, D.C, New York City FC, MLS, CF Montreal, Portland Timbers, Derby Locations: Derby County, United
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Persons: Dow Jones
WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.
Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British
New York CNN —The New York Times found instant success with Wordle. A new puzzle called Connections is officially joining the newspaper’s portfolio of games this week, following a successful summer testing phase where it became the Times’ second-most played game behind Wordle despite minimal promotion. Players will see Connections appear in the Times’ Games app and in the news app under the Play tab beginning this week. Connections is the newest hit for the New York Times. Players playing other games other than Wordle “experienced record growth over the last year,” Times CEO Meredith Kopit Levien said in a recent earnings call.
Persons: New York Times Jonathan Knight, Knight, ” Knight, , Wordle, Wordle “, Meredith Kopit Levien, ” Brian Morrissey, ” Morrissey, Organizations: New, New York CNN, The New York Times, Wordle, Times, Times ’, New York Times, CNN, , Locations: New York
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Persons: Dow Jones, 6185a6b5 Organizations: gop
Meredith Kopit Levien, the company’s president and chief executive, said in a statement that more than a third of the nearly 10 million subscribers were now subscribed to more than one Times product. She said more than half of the new digital subscribers added in the last quarter subscribed to the entire bundle of products that The Times offers. Advertising revenue more than doubled in that period, to $5.4 million. At the end of the quarter, there were more than 3.6 million subscribers with either a stand-alone Athletic subscription or who can access the sports site through a Times bundle subscription. Last month, The Times said it would disband its sports desk in the coming months and instead integrate more sports coverage from The Athletic.
Persons: Meredith Kopit Levien, ” Ms, Levien Organizations: Times, Athletic, The Athletic
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Persons: Dow Jones
Hunter Biden, President Biden’s son, pleaded not guilty to misdemeanor tax charges on Wednesday after a federal judge deferred a planned guilty plea deal. Photo: Anna Moneymaker/Getty ImagesWASHINGTON—A former business associate of Hunter Biden ’s testified on Monday to Congress that President Biden and his son were in near daily communication and that the younger Biden would occasionally put his father on speakerphone at dinners and in other situations, according to lawmakers present for the briefing.
Persons: Hunter Biden, Biden’s, Anna Moneymaker, Hunter Biden ’, Biden Organizations: Getty, WASHINGTON
Hunter Biden, President Biden’s son, pleaded not guilty to misdemeanor tax charges on Wednesday after a federal judge deferred a planned guilty plea deal. Photo: Anna Moneymaker/Getty ImagesWASHINGTON—A former business associate of Hunter Biden testified on Monday to Congress that President Biden and his son were in near daily communication and that the younger Biden would occasionally put his father on speakerphone at business dinners and in other situations, according to lawmakers present for the closed-door briefing.
Persons: Hunter Biden, Biden’s, Anna Moneymaker, Biden Organizations: Getty, WASHINGTON
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Persons: Dow Jones Locations: wisconsin
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Persons: Dow Jones
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Persons: Dow Jones, marjorie, taylor, greene, lauren, 641b7067
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Persons: Dow Jones, marjorie, taylor, greene, lauren, 641b7067
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