The New York Times’ 150 million-Dollar-a-year paywall

(by Ryan Chittum, Columbia Journalism Review) The New York Times’s once-torrid paywall growth continued to slow in the second quarter, adding 23,000 digital-only subscribers. That’s the second quarter in a row that the NYT has set new lows for digital-subs growth (it added 36,000 in the first quarter), signalling that the slowdown is real and circulation revenue growth is no longer quite enough to offset advertising declines. Revenue was down 1 percent from a year ago.