The New York Times reported an increase in its net digital-only subscriber base by 210,000 to 9.91 million in the first quarter, contributing to an overall subscriber growth and a rise in sales to $594 million, up 5.9% year over year.
Adjusted operating profit rose to $76.1 million, a 40.9% increase, showcasing the success of their strategy. The Athletic, with 4.99 million subscribers, saw a revenue increase of 33%, attributing it to acquisitions and licensing deals.
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