Major US newspaper whose games-only subscription product generates $60M ARR from 1 million paying subscribers.
“The New York Times games-only product. So no news from the New York Times. It has a million paying subscribers at $5 a month. $60 million in ARR.”
Source→“New York Times columnist Brian X. Chen argues that the search giant is starting to win the AI race, citing Gemini's rapid growth to 900 million regular users, Google's ability to make money from AI through advertising, and the company's plan to weave Gemini into Search, Gmail, Docs, Maps, Android, and eventually Apple's Siri.”
“The New York Times is a technology company now because like most of what they do, like most of the revenue comes from the games.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.