Re:Building a Text Editor for a Digital-First Newsroom
by adventured on Friday April 13, 2018 @03:36AM
(#16827845)
The NYT fortunately seems to be transitioning moderately well to digital at this point. They seem to have the wind at their back now. There was a period of time, spanning a decade or so, where it was very questionable if they'd make it or could survive on digital.
Their stock is at an 11 year high. Sales are growing again. Profitability looks set to surpass where they were several years ago. If it weren't for some stray costs & adjustments in Q4, they might have hit $100m+ in profit in 2017, the highest since 2010. Their balance sheet is solid, long-term debt is modest ($250m), and they have plenty of cash ($490m). Overall, it should be a good decade coming up for the NYT.
Their stock is at an 11 year high. Sales are growing again. Profitability looks set to surpass where they were several years ago. If it weren't for some stray costs & adjustments in Q4, they might have hit $100m+ in profit in 2017, the highest since 2010. Their balance sheet is solid, long-term debt is modest ($250m), and they have plenty of cash ($490m). Overall, it should be a good decade coming up for the NYT.