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NY Times hits major milestone while crushing Q2 earnings

Photo by alextorrenegra / Flickr Creative Commons

For the first time in NY Times history, digital-only subscription revenue ($82.5 million) has surpassed print advertising revenue ($77 million). Those numbers were revealed during the paper's second quarter earnings call to investors Thursday, when executives also touted an increase in advertising growth from the previous year's quarter — the first time that has occurred in nearly three years.