New York Times ends partnership with Apple News

New York Times ends partnership with Apple News

New York Times Building
FILE PHOTO: The sun peaks over the New York Times Building in New York. (REUTERS/Brendan McDermid)

NEW YORK: The New York Times Co said on Monday (Jun 29) it will end its partnership with Apple News, effective Jun 29, at a time when the publisher is shifting focus to a digital subscription-based model.

The media company said publishers should be fairly compensated for their content and Apple News did not align with its strategy of building direct relationships with paying readers.

NYT, which has more than four million subscribers for its news product, added a record 468,000 paid subscribers in the last reported quarter.

The company has focused on online for several years to stem losses from its print subscription platform and to lower its dependence on ad revenue.

Source: Reuters

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