New York Times misses estimates for digital subscriber additions
New York Times misses estimates for digital subscriber additions Aug 5 (Reuters) - New York Times NYT.N missed Wall Street estimates for digital subscriber additions in the second quarter on Wednesday, signaling growing competition and tight discretionary spending by readers.
The company added 280,000 net digital-only subscribers in the second quarter, compared with analysts' average estimate of 295,300, according to data compiled by Visible Alpha.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Pooja Desai)
((Jaspreet.Singh@thomsonreuters.com; on X @i_jass;))
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