New York Times is on pace to earn more than $600 million in digital this year

The Failing New York Times released its third-quarter numbers this morning and, well, if the rest of the news industry was doing this well, we could shut down Nieman Lab and grab some worry-free beach time in warmer climes. Its ongoing transition from print to digital revenue has been managed without the staffing disruption just about everyone has seen, and it continues to see significant jumps in paying digital subscribers, seven years after launching the paywall and two years after its initial Trump bump. It’s doing fine.

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Big news brings only tiny returns for publishers

Publishers need to find additional sources of revenue and, worryingly, the new generation of so-called “distributed content” services, which held such promise a year ago, are not cutting the mustard. Services such as Facebook Instant Articles, Apple News and Google Accelerated Mobile Pages were supposed to make it easier for publishers to monetise their journalism.

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