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by guywithabike 137 days ago
The New York Times has been thriving. They're profitable and their stock is near all-time highs. If the internet killed WaPo, why didn't it kill NYTimes?
3 comments

There is more to the New York Times Company than meets the eye [0].

0. https://en.wikipedia.org/wiki/List_of_assets_owned_by_the_Ne...

That's the parent's point...
As the sibling said, papers used to make money via ads and classifieds. NYTimes pivoted to games. This gives people a reason to go to NYT every day and gives them upsell opportunities to full subscriptions. WaPo and others don't have the alternate revenue source.
International prestige and internet-centered strategy (online games, lifestyle...).