The New York Times, which Trump often derides as 'failing,' says 2019 was a record year for digital growth

The New York Times CEO Mark Thompson talked digital disruption and the future of the newspaper industry with SaraEisen. Davos2020

The New York Times said it added 1 million net digital subscriptions in 2019, which is its highest annual growth for that figure since the company launched its digital model in 2011. It now has 5 million total subscriptions, according to the company. The company doubled its annual digital revenue to $800 million in four years, one year ahead of its original goal to do so.

The circumstances facing The New York Times Company when CEO and President Mark Thompson took over in November 2012 were bleak. QuarterlySince then, The New York Times stock has more than tripled in value, according to data compiled by FactSet. Thompson told CNBC in June of last year that the company continues to grow thanks to an emphasis on quality journalism and a commitment to digital readers.

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