New York Times Has Higher Revenue, Faces Ad Challenges

From a Wall Street Journal story by Alexandra Bruell headlined “New York Times Posts Higher Revenue, Faces Advertising Challenges”:

New York Times Co. gained 190,000 digital subscribers in the first quarter but said its advertising business continued to face challenges in an uncertain economy.

The news organization said it now has more than 9 million digital-only subscribers—which it defines as people who subscribe to at least one Times digital product—and generated more revenue from each of them than it did in recent quarters, though still less than in the year-earlier period. Taking into account its print operations, the company had a total subscriber base of 9.7 million.