year: The Times said it now has 4.3 million online subscribers, and aims to boost that figure to 10 million by 2025 as part of its strategy of shifting to digital, according to The Japan Times. The Times has pledged to continue investing in its newsroom even amid a slump in the industry that has led to thousands of layoffs at both traditional and digital news organizations. The major U.S. daily said Wednesday its profit in the final three months of the year amounted to 55.1 million, compared with a loss of 56.8 million in the same period a year earlier. ; Revenues rose 3.8 percent to 502 million, with digital advertising up 23 percent year-over-year. Our appeal to subscribers and to the world's leading advertisers depends more than anything on the quality of our journalism, said Mark Thompson, president and chief executive of The New York Times Co. We want to accelerate our digital growth further, so in 2019, we will direct fresh investment into journalism, product and marketing. That is why we have increased, rather than cut back, our investment in our newsroom and opinion departments.
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