AI Licensing AgreementsPotential AI licensing agreements present an additional upside for The New York Times, enabling strong double-digit growth in adjusted operating profit and increased capital returns to shareholders.
Digital Subscription GrowthThe New York Times has successfully transitioned from a traditional newspaper to a digital subscription model, positioning itself for growth and increasing shareholder returns.
Subscriber Base ExpansionThe New York Times is on track to reach its target of 15 million total subscribers by 2027, implying a subscriber base growth rate of around 10% per year, highlighting a strong growth trajectory.