NYSE:NYTMedia
New York Times Digital Growth And Dividend Shift Shape Valuation Story
The New York Times (NYSE:NYT) reported quarterly and annual revenue that came in ahead of prior expectations, driven by digital subscriptions and advertising.
The company highlighted strong contribution from its digital products, including news, games, and other subscription offerings.
Management announced a higher quarterly dividend, indicating an updated capital return approach for shareholders.
The publisher also outlined increased investment in video journalism and new digital content...