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The Almighty Buck

NY Times Passes 1M Digital Subscribers 92 writes: Many news organizations, facing competition from digital outlets, have sharply reduced the size of their newsrooms and their investment in news gathering but less than four-and-a-half years after launching its pay model the NY Times has increased coverage as it announced that the Times has passed one million digital-only subscribers, giving them far more than any other news organization in the world. The Times still employs as many reporters as it did 15 years ago — and its ranks now include graphics editors, developers, video journalists and other digital innovators. "It's a tribute to the hard work and innovation of our marketing, product and technology teams and the continued excellence of our journalism," says CEO Mark Thompson.

According to Ken Doctor the takeaway from the Times success is that readers reward elite global journalism. The Wall Street Journal is close behind the Times, at 900,000, while the FT's digital subscription number stands at 520,000. "These solid numbers form bedrock for the future. For news companies, being national now means being global, and being global means enjoying unprecedented reach," says Doctor. "These audiences of a half-million and more portend more reader revenue to come."

NY Times' Broder Responds To Tesla's Elon Musk 609

DocJohn writes "NY Times' John Broder responded to Elon Musk's blog entry. Accused of driving around a parking lot for no reason, for instance, Broder notes he was simply looking for the poorly marked charging station. Worst of all, much of Broder's behavior can be attributed directly to advice he received from Tesla representatives — something Musk fails to mention."

New York Times Hacked? 103

First time accepted submitter porsche911 writes "It looks like the NYTimes have been hacked and a large number of subscribers spammed with messages about cancellation of their service. The phone system is overwhelmed as well. The Times is currently saying the email is a fake, but that raises other worries. They were one of the only 3rd parties that had the email in question so it appears either someone really screwed up or they've suffered a data breach." Update: 12/28 21:59 GMT by S : Looks like it was just a mistake by an employee.

NY Times Considers Creating a WikiLeaks Type Site 114

eko3 writes "The New York Times is considering options to create an in-house submission system that could make it easier for would-be leakers to provide large files to the paper. From the article: 'Executive editor Bill Keller told The Cutline that he couldn't go into details, "especially since nothing is nailed down." But when asked if he could envision a system like Al Jazeera's Transparency Unit, Keller said the paper has been "looking at something along those lines."'"

A fanatic is a person who can't change his mind and won't change the subject. - Winston Churchill