New York Times' Paid Online Content Hits 135,00 Subscribers in Two Months
The New York Times has about 135,000 paid subcribers to its TimesSelect service, according to numbers released last week.That would total revenue of about $6.7 million in the first two months of the offering, at an average subscription price of $50. The Times said about 90% of those who signed up for a two-week trial converted to paid. Martin Nisenholtz, who heads up the on-line operations of The New York Times Company, added that the numbers were "at the high end of their expectations" (sub to TimesSelect needed).
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