The New York Times said on Thursday its digital subscription revenue overtook print advertising revenue for the first time — a key milestone in the 166-year old publisher’s efforts to transform itself into a digital media powerhouse. The company’s shares rose as much as 7 percent to their highest since the 2008 financial crisis as...
NYS Entity Status
NYS Filing Date
JANUARY 29, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - GCL ADVERTISING AND PUBLISHING INC.
AROUND THE WEB
- NY Times sees jump in digital subscription revenue
By Reuters - Thursday Jul 27, 2017
- Time Inc. Looks For Ways To Save $400M
Wednesday Aug 9, 2017
With advertising and circulation revenues still under pressure, the nation's biggest magazine publisher is looking to cut costs in a big way. On Tuesday, Time Inc. unveiled plans for a "strategictransformation" that will yield more than $400 million in savings over the next few years.
- Advertising Drives Majority Of App Publisher Revenue
Monday Jul 31, 2017
Outside of advertising, publishers are far more likely to make money through direct in-app purchases than they are from paid installs or subscriptions. In-app purchases currently drive 39% of totalpublisher revenue.
- Time Inc. Cuts 300 Jobs
Wednesday Jun 14, 2017
Time Inc., the nation's largest magazine publisher, announced a new round of layoffs and buyouts, affecting 300 positions or around 4% of the company's total headcount. Its shrinking headcount hasbeen a bellwether for the travails of legacy print publishers as ad dollars shifted to digital media over the last decade.