New York Times Aims to Double Digital Revenue by 2020

The New York Times has set it sights on doubling its digital revenue to $800 million by 2020, as legacy publications scramble to find growing revenue streams amid the steady decline of print dollars.

The newspaper company has set a new goal of earning $800 million in digital revenue by 2020, up from $400 million last year, according to a companywide memo from Executive Editor Dean Baquet and Chief Executive Officer Mark Thompson.