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The newspaper is ranked 2nd in circulation in the U. S. and 17th in the world. Do slightly better than net.com. Over the last year, we've talked about being ready to begin leveraging the investments we've been making for years in our journalism and digital product experiences and as a result, slow cost growth. This action was the primary driver of the increase in digital-only subscribers to The Athletic in the quarter. Within each product and then across the bundle, we still have plenty of levers to continue to drive engagement. Vasily Karasyov - Cannonball Research. 5% in the quarter with growth in digital advertising nearly offsetting declines in print. Are you guys thinking about potentially upping that significantly here?

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Meredith, The Athletic did $5. And I'll just say there, we felt that a bit in the quarter. I'll give you one more kind of technical detail. REA group, 61% owned by News, owns the other 20%. In 2004, Daniel Okrent, the then-public editor of The New York Times, wrote an editorial in which he explained that when covering some social issues, such as abortion and same-sex marriage, the paper did in fact have a liberal bias. Meredith, can you just talk a little bit further about engagement via digital products you have on a like-for-like basis, how that might have changed now versus, say, a year ago, is my first question. I'll turn now to the results of the quarter. Better than i expected nyt. Others see it as an honest mistake made in the midst of a chaotic event (which would make it misinformation, rather than disinformation). Roland, the 45% drop in media expenses in the third quarter, is that just because of the big expenditure a year ago? Douglas Arthur - Huber Research Partners. In front of each clue we have added its number and position on the crossword puzzle for easier navigation. You've seen this quarter a good illustration of what we've been able to do on the cost side.

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A reconciliation of revenues can be found on Page 21 of the earnings release. Douglas Arthur: Is there any — can you put any kind of contours around what type of advertising or — I mean, I'm on The Athletic all the time, but what type of advertisers you're attracting? ITS SLIGHTLY LARGER THAN ALL OF NEW ENGLAND COMBINED Ny Times Crossword Clue Answer. Times executive editor Dean Baquet stated, "We have to be really careful that people feel like they can see themselves in The New York Times. "Just as our company passed the stress-test of the pandemic with record profits, the initiatives now underway, including an expected 5 percent headcount reduction, or around 1, 250 positions this calendar year, will create a robust platform for future growth, " CEO Robert Thomson said in the earnings release. And given the strong relationship we've seen between subscriber, engagement and retention, we expect the shift towards the bundle to yield benefits that continue accruing well into the future. My other two questions real quick, if I could. There's a bunch of stuff we don't control in overall audience. The incident has led some to accuse the New York Times of misinformation and fake news. Meredith Kopit Levien: Sure. 57a Air purifying device. Do slightly better than nytimes. New York Times (News) Ownership and FundingFunding and ownership do not influence bias ratings.

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We also finished our first full year with the hit game Wordle, which continue to delight tens of millions of players each week and contribute substantially to our ability to engage people and introduce them to other Times' products and games. We reported adjusted operating profit of $69 million, higher than the same period in 2021 by approximately $4 million, as growth in profit at The New York Times Group was partially offset by losses at The Athletic, which were slightly less than we expected in our acquisition plan. So that's what history would suggest. That's why – Roland and I've described, we've said, like, first priority on The Athletic is get it into the bundle, get people using it. The New York Times: All the black ink that's fit to print –. We recorded just over 1 million net digital subscriber additions for the year, our second best year ever for net adds behind only our blockbuster 2020. I'll say, as we've said for a long time, we continue to invest thoughtfully into the newsroom. We reached record highs on both metrics by year-end with more than 30% of new subscribers taking the bundle. The original Times article was headlined, "He Dreamed of Being a Police Officer, Then Was Killed By a Pro-Trump Mob.

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Our first question comes from David Karnovsky from JPMorgan. The company remains debt-free with a $350 million revolving line of credit available It's worth noting that our 2022 cash generation was adversely affected by the change in the tax deductibility of research and development expenditures. How are you, your management team and your board of directors, think about capital returns going forward once that is exhausted here, given your very clean balance sheet. 23a Messing around on a TV set.

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I look forward to answering your questions shortly. In case there is more than one answer to this clue it means it has appeared twice, each time with a different answer. If you think this information is out of date or needs to be updated, please contact us. Approximately $57 million dollars currently remains under the company's repurchase authorization. We are making this change now to correspond with our lapping of the acquisition of The Athletic in the first quarter of 2022. We estimate that this resulted in approximately $60 million in lower cash flows this past year. David, to your question about the 53rd week, we're not able to ascribe costs perfectly to the 53rd week, but I think the way to think about it is that that week is worth about $10 million on an adjusted operating profit basis. A 2005 study by UCLA found The New York Times news section has a left-wing bias. But that's evolving towards a $20 million annual run rate. How we determined this rating: -.

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And in light of this updated capital return target, the Board of Directors has approved both a $0. Meredith Kopit Levien: That's a great question. Digital subscriber revenue in the quarter grew in line with our expectations, driven mostly by the continued transition of early tenured subscribers to higher prices. The effect of The Athletic on our consolidated guidance has been included in the outlook section of the earnings release that we published this morning. Is that an apples-to-apples comparison? Note this geographic data represents raw responses, not normalized averages). On average, those who disagree with our rating think this source has a Lean Left bias. Financing and ownership information last updated February 22, 2021. The news media segment was among the worst affected, with earnings [before interest, tax, depreciation and amortisation] slumping 47% to $US59 million. Now let me set this all in context. I'll close by looking ahead to 2023 and beyond. And I'll say one more thing. Is that a fair statement?

It's worth noting that we've modified the definition of adjusted diluted EPS to exclude the impact of amortization of acquired intangible assets to improve the comparability of earnings across periods. Now before I turn it over to Roland, I want to say a few words about my two colleagues on this call. These statements are based on our current expectations and assumptions, which may change over time. Second, we are intently focused on increasing ARPU through continued success at transitioning subscribers from promotions to full price, driving bundle uptake and experimenting with price increases on individual products for tenured subscribers. On a constant currency basis, News Corp Australia saw revenue down 3%. Digital advertising declined approximately 4% as higher direct sold advertising at The New York Times Group and the addition of advertising revenue from The Athletic was more than offset by lower creative services revenue. Our cash and marketable securities balance ended the quarter at approximately $486 million, an increase of approximately $17 million compared with the third quarter of 2022. Operator: Our next question comes from Doug Arthur from Huber Research Partners. But The New York Times updated their initial report a month later, adding a disclaimer: "New information has emerged regarding the death of the Capitol Police officer Brian Sicknick that questions the initial cause of his death provided by officials close to the Capitol Police. " 35a Some coll degrees.

Media expenses were $22 million, approximately 2/3 below last year, which was a period of elevated marketing spend. And we feel – anything can change at any moment. We think news is going to continue to be very appealing to people. And good morning everyone. And I think we've been very conscientious about those investments, particularly in the current macroeconomic environment, but the number is growing modestly. The next question comes from Vasily Karasyov from Cannonball Research.

Quarterly revenue for the overall Dow Jones segment rose 11% from the year-earlier period. The reported price is $US3 billion, $US600 million of that will flow to REA but still remain within the News Corp empire. Let me turn now to advertising. The Times now has more than 9. Print also exceeded our expectations largely from the luxury and entertainment categories. We did so by advancing the three pillars of our strategy: leading in news, helping people make the most of their lives and passions, and putting those ideas together in a bundle that makes The Times indispensable in the daily lives of millions more people. The bottom line is that Disney and News are cutting and retrenching – with Disney offering a return to dividends for shareholders later this tear (News is paying its tony dividend of 10 US cents a share). Total advertising revenues decreased approximately 0.

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