The New York Times Company (NYT) said, for third quarter, total subscription revenues are estimated to increase approximately 10 percent compared with the third quarter of 2019, with digital-only subscription revenue to increase approximately 30 percent. Total advertising revenues are expected to decline approximately 35 percent to 40 percent, with digital advertising revenue to decrease approximately 20 percent, largely due to the impact from the COVID-19 pandemic. Other revenues are projected to decline approximately 10 percent year-on-year.
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