What Drove NYT’s Revenue And EBITDA Growth In 2015?

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NYT: New York Times logo
NYT
New York Times

The New York Times witnessed a 0.6% year-on-year (y-o-y) decline in its revenues in 2015, primarily due to lower print advertising revenues. On the other hand, the company’s expenses fell 5% y-o-y, owing to a reduction in severance pay and production costs. Consequently, the brokerage’s EBITDA increased significantly on a year on year basis and its EBITDA margin expanded by 413 basis points. Below is a brief review of the company’s 2015 performance.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for New York Times.

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