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India important for New York Times, visiting to understand it better: CEO

We are not tying up with anyone in India, nor are we looking at distribution or investment, says CEO Mark Thompson

Vanita Kohli-Khandekar 

What do you ask the chief executive of a newspaper company that is routinely called names by the President of the US? But the ‘failing’ The New York Times Company (NYT) has never been in better shape. Just over a billion dollars of its $1.75-billion top line (FY18) comes from subscription; 40 per cent of this is digital. It has roughly 5 million subscribers, 3.2 million of them digital.

It hired 1,700 journalists at a time when the rest of the US newspaper industry has been shrinking. Mark Thompson joined NYT from the BBC in 2012 and is credited with its turnaround. On an India ...

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First Published: Wed, November 20 2019. 20:38 IST
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