The New York Times Company reported a strong performance in the fourth quarter of 2024, with revenue increasing by 7.5% year-over-year to $726.6 million. Subscription revenue saw a significant rise of 16% to $334.9 million, driven by a 16% increase in digital-only subscription revenue. The company added 350,000 digital-only subscribers in the quarter, bringing the total to over 11.4 million subscribers. Digital advertising revenue also grew by 9.5% to $117.9 million, while print advertising revenue declined by 16.4%. The operating profit for the quarter rose by 13.6% to $146.6 million. Despite the digital growth, the number of print subscribers decreased to 610,000 from 660,000 the previous year. The company spent $10.8 million on litigation costs related to a copyright infringement lawsuit against OpenAI and Microsoft. The company reported an adjusted EPS of $0.80, with sales at $726.60 million. Over the year, The New York Times added over 1.1 million digital subscribers, and 32% of its subscribers do not pay for its news product. The board approved a $350 million share buyback program and increased the quarterly dividend to 18 cents per share. Looking ahead, the company aims to reach 15 million subscribers by 2027 and expects digital-only subscription revenue to increase by up to 17% in the first quarter of 2025, with digital advertising revenue projected to rise in the high single digits.