everyone. and Mark morning Thanks good
For of and never the in business investment, over company's strategy been evident. more it have most investment importance that in history, we sensuality a is made the the has journalism decade ambitious our original to
every let start thanking who supports colleagues person work. in the or of So The in me York newsroom by New staff their the extraordinary the Times and organization
threes this honored and reporting for said, with investigative and Mark for privates reporting, were the pilasters for earlier awarded week Times international commentary. the was As
awarded a just testament awards any inspiring storytelling, our this That brings What Dean total institution so visual modern work and from also teams. Baquet organizations. XXX to is said a honoring is but narrative the that and investigations, they our audio video, other television involved they and executive year's Monday not far journalists than this news to editor number many news on organization about as to desks more are of pilasters many
trusted understand navigate truth time, pandemic. that people at and the and to more difficult newsroom information with to people help need incredibly mission tirelessly our readers Our to to is of the than seek the understand is this the our they world XXXX working and
public began dataset. available comprehensive domestic was all into County-by-County study We agency late scientists, the virus. could government so left made tracking that publicly that no of a or officials health When of journalists, spread set other Times better and building publicly data Coronavirus, cases government January understand researchers, and Journalists action the in U.S. and
of a been Having bench in expertise especially helpful deep has this moment.
and around photographers who others see Kristoff of the for reported the it our Nick live on has for around or their clock like videographers You risking and Dr. save countless from along news globe who were in people than work Sherry deliver hospitals with of up Donald to reporters the XX-years economies. have healthcare story McNeil the covered to [indiscernible] pandemics the of workers their briefings tell to on virus and who the lives working and the businesses, are to minute up who implications business and desks its markets spread more
to original also and can we leaders. adapt changing journalism has in that innovate meant investment Our
Over our the have we last help six lifestyle weeks deal our with and coverage quarantine. expanded to service people journalism
home recommendations games play, recipes give to instructions at to cut. to to a watch includes new plan movies to try, on yourself buzz Our section even on and how
meant our pages, number what XXX internal based highest readers see had half In the came to double Times half and million unique record by adults all almost this viewed New has and engagement. we billion over of a around the in on typically data York well American users ever. March, and month. far All audiences two of a We
number in for total the of and subscription each The places That register products. historic first we additions net journey XXX,XXX and millions quarter surgeon XXX,XXX one ago, and almost readers new news, those then with a at for only more digital saw log customer launched week. that gave us story than in registration then year XXX,XXX, which see the login and a also standalone we including requires combined more in audience to and return
of Put At brought total only more additions net that in first Trump in so ads the we the context called XXX,XXX the quarter is thirds of two peak digital bump. XXXX. than
the the the that of virus vast stories majority open not made vast use. access of they times the majority did see to During a the early circumstances, extraordinary March to decision up on our payroll in leaders many coverage, that we
anonymous While fewer in registered, record subscribed subscription they readers a those converted to ran payroll into numbers. and still readers who because
striking come a indefinitely. anonymous already to first seen begin quarter Indeed, have continue surge down. from traffic to expect don't While the traffic we in
week encouraged We have of week. by improving been the over behavior are return whose registered rates readers
explore is work in deliberate the cycle, of because news part stimulating on range people and broader their of follow nature of That helping a but unique continuous the updates, also because live by it storylines get interests. return is
of net will we to improvement the and as registered getting versus change, growing and the period news form in the it habit expect and them a return to that larger environment While an always rate effectiveness our crisis. of underlying will the mean number readers does, prior additions the
of diversification encouraging subscriber Another continued sign our base. the is
geographically, also in be race Our have and newest likely more terms and as are products cooking cutters. both strong affiliate younger Subscriptions been of and revenue crossword to subscribers more ethnicity. wire from especially to and diverse
It has Crossword that on first your quarter, at stock no and than ads million the works gotten record cooking counting. quarterly X.X in second how more surprise its on had views its to should highest net Clarks had pantry highest. one page and advice
partners about work Hulu. proud be early at team has TV that excited the foray the with We our continue and our our of with and weekly to into made FX
earlier shared the for the drivers. devastated three investigation episode In fact one of mentioned its weekly into how York a generation learning I Pulitzer New Prizes City Taxi reckless of
of work to line. Hulu when material the form have number smaller resumes to we this our likely longer impact FX of expect on We change continue to don't a specials. But expect in and production with bottom TV a
audio morning in about The new for Now audiences almost lives. calls reach day, has we play the times prior the routine and many surged talked listeners. audience new three in enabling million in every downloads roles to despite change of in the the dailies importance people's have
to programming. We audio our talent to add are also ranks and our continuing
we a show announced referring series opinion this contributor are month launch Kara new show fall. week us a quarantine that Swisher will that And last Slater new the as We we last interview and to launched with season.
the small in those audio New which and own acquisition including of of array read of quarter Autumn, stories, Magazine magazine our app Yorker Atlantic the a New aloud and an others. of a made audio York business and also among called provides subscription We versions
crisis, in growth, business. difficulties it that subscription profound say in period our platforms been and All the the by of to innovation with has across our caused journalism strategy a our acceleration even and
an story quite too Though on opportunity here is see acceleration. different. strategy for The we advertising
revenue First much declined in steeper. the slowdown for the advertising quarter XX% role beginning a March economic to play with declines overall, were
digital and limited, the will least next advertising at significant Mark expecting both quarter a pronounced be or is likely steeper in for likely there but print The in we are is uncertainties and but macroeconomic declines As visibility suggested beyond. in places. downturn
That strengths of that and in draws confidence said subscription we to real world, our to a is in ability a have from and ad its post downstream unique business run continue profitable when sustainable large business. our and growing highly pandemic
on that transformation We current about multiyear ad sign a business a and as been some been we the to circumstances, hasten faster have recession. for have transform talking the will in play trends journey we out our key
business about, One ad a tech, and trends talked are our able services, where of we those categories, telecom like growing like number larger the have is build Google financial Verizon. of to multi-platform smaller of collaboration and concentration we a greater with ones in
audiences bring of is engaged trend the products advertising the for that to demand significant in brands Another deeply growth times. closer
and prior in readers. on consumer also As value are in for ways about and from their data privacy ads and and we our we our first collected talked engages that about focus party insights get from products readers quarters, drives those investment what increasing
sought for business the legacy an ad also expect our increasing in and and audio. in XX% our of We more ad larger first than audio will Podcast quarter platform the both less driven grew daily even do advertisers. so data from recession, Our in but some benefit softening as investment the our display revenue products. became for demand after during
fundamentals the what business the me pull together. long-term confidence all in subscription our of the pressure from Notwithstanding for let just of first said So model, feel give company. us advertising, I prospects
our again, who professionals And the so surreal saving country world. city, I We responders so our everywhere through keeping appreciate will many and living period we safe. workers, end and first and are essential remark are lives us the a medical and of harrowing for
and York are who of we first have to deeply around Times New and And audience our all navigate unprecedented our grateful understand this in crisis. are world the They sound people helping thanks. our
that, over with will And it I to turn Roland.
