皇冠最新登陆网址(www.hg108.vip):NYT targeted by activist investor pushing for subscriber-only bundles

皇冠最新登陆网址www.hg108.vip)实时更新发布最新最快的皇冠最新登陆代理线路网址、皇冠最新登陆会员线路网址、皇冠最新备用登录网址、皇冠最新手机版登录网址。

ValueAct said it believed the current valuation doesn’t reflect the company’s long-term growth prospects in almost any potential economic environment and that management has several opportunities to offset the macroeconomic headwinds that face the industry.Key to this growth will be a more aggressive rollout of all its subscriber-only products, it said. Those products include the Athletic, as well as crosswords and games, cooking and news.

ACTIVIST investor ValueAct Capital Management has built a new position in the New York Times Co (NYT), contending the iconic newspaper company could improve digital sales and margins through an aggressive rollout of its subscriber-only bundles.

San Francisco-based ValueAct said in a letter to investors Thursday that it now owns a 7% stake in the Times.

It said it believed the current valuation doesn’t reflect the company’s long-term growth prospects in almost any potential economic environment and that management has several opportunities to offset the macroeconomic headwinds that face the industry.

Key to this growth will be a more aggressive rollout of all its subscriber-only products, it said. Those products include the Athletic, as well as crosswords and games, cooking and news.

“Our research suggests that most current readers and subscribers are interested in the bundle and would pay a large premium for it but are not aware the offering even exists,” ValueAct said in the letter, a copy of which was obtained by Bloomberg.

“This is an opportunity we believe management needs to drive with urgency, as it is the biggest lever to accelerate growth, deepen NYT’s competitive moat, and ensure the long-term strength and stability of the platform.”

Revenue growth

,

皇冠正网www.hg108.vip)是一个开放皇冠正网即时比分、皇冠正网注册的平台。皇冠正网平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

The investment firm believes that, over the long run, there is potential for the Times to see strong double-digit digital revenue growth and see margins expand by up to three times, it said.

“We believe NYT may be one of the few consumer subscription businesses well positioned for the current environment,” ValueAct said.

“They are in the early innings of penetrating a large, addressable market, can sustainably increase their customer lifetime value, are already solidly profitable, and have a much more attractive competitive environment.”

A representative for ValueAct declined to comment.

“We are aware that ValueAct has made an investment in the company,” a spokesperson for the Times said in an e-mail, adding that the company speaks regularly with shareholders about strategy.

“Members of our management team have had conversations with ValueAct to hear their views and share ours.

“The board and management team will continue to make decisions that we believe are in the best interest of the company and all company shareholders.”

The Times has been one of the rare success stories in publishing as it has built a large and growing digital-subscription business.

  • 评论列表:
  •  皇冠体育开户(www.hg108.vip)
     发布于 2022-11-21 00:12:14  回复
  • That compares with a discount of about US$4 to US$5 (RM17.73 to RM22.04) prior to the invasion. Iran’s light and heavy grades are most comparable to Urals.以前怎么没看到这个
  •  下课逮个鱼
     发布于 2022-11-26 00:09:45  回复
  • 败势浓厚的范廷钰祭出胜负手,深入白棋中空一决生死,此为他极其擅长、屡试不爽的“破空大法”,但申真谞应对滴水不漏,牢牢控局。最后范廷钰尝试在白空中“搅局”,悉数被歼而终局。语文学渣羡慕了

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。