Times reports 281K paying web readers

Politico - On Media - on 22/7/11
Buried in the New York Times Company’s second-quarter earnings report -- which informed investors of an operating loss of $114 million -- are some positive numbers regarding the Times’s controversial decision to install a pay meter on its website. The Times Loading... had 224,000 paying customers on its website at the end of June as well as about 57,000 e-reader or replica customers who also paid, for a...
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Summary

Buried in the New York Times Company’s second-quarter earnings report -- which informed investors of an operating loss of $114 million -- are some positive numbers regarding the Times’s controversial decision to install a pay meter on its website. The Times had 224,000 paying customers on its website at the end of June as well as about 57,000 e-reader or replica customers who also paid, for a total of 281,000 paying online readers.

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