足球博彩公司:NYT targeted by activist investor pushing for subscriber-only bundles

admin 1个月前 (08-25) 社会 5 0

皇冠信用网www.hg108.vip)是一个开放皇冠信用网即时比分、皇冠信用网开户的平台。皇冠信用网平台(www.hg108.vip)提供最新皇冠信用网登录,皇冠信用网APP下载包含新皇冠体育代理、会员APP,提供皇冠信用网代理开户、皇冠信用网会员开户业务。

ValueAct said it believed the current valuation doesn’t reflect the company’s long-term growth prospects in almost any potential economic environment and that management has several opportunities to offset the macroeconomic headwinds that face the industry.Key to this growth will be a more aggressive rollout of all its subscriber-only products, it said. Those products include the Athletic, as well as crosswords and games, cooking and news.

ACTIVIST investor ValueAct Capital Management has built a new position in the New York Times Co (NYT), contending the iconic newspaper company could improve digital sales and margins through an aggressive rollout of its subscriber-only bundles.

San Francisco-based ValueAct said in a letter to investors Thursday that it now owns a 7% stake in the Times.

It said it believed the current valuation doesn’t reflect the company’s long-term growth prospects in almost any potential economic environment and that management has several opportunities to offset the macroeconomic headwinds that face the industry.

Key to this growth will be a more aggressive rollout of all its subscriber-only products, it said. Those products include the Athletic, as well as crosswords and games, cooking and news.

“Our research suggests that most current readers and subscribers are interested in the bundle and would pay a large premium for it but are not aware the offering even exists,” ValueAct said in the letter, a copy of which was obtained by Bloomberg.

“This is an opportunity we believe management needs to drive with urgency, as it is the biggest lever to accelerate growth, deepen NYT’s competitive moat, and ensure the long-term strength and stability of the platform.”

Revenue growth

,

足球博彩公司www.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足球博彩公司上登录线路最新、新2皇冠网址更新最快,足球博彩公司开放皇冠会员注册、皇冠代理开户等业务。

,

The investment firm believes that, over the long run, there is potential for the Times to see strong double-digit digital revenue growth and see margins expand by up to three times, it said.

“We believe NYT may be one of the few consumer subscription businesses well positioned for the current environment,” ValueAct said.

“They are in the early innings of penetrating a large, addressable market, can sustainably increase their customer lifetime value, are already solidly profitable, and have a much more attractive competitive environment.”

A representative for ValueAct declined to comment.

“We are aware that ValueAct has made an investment in the company,” a spokesperson for the Times said in an e-mail, adding that the company speaks regularly with shareholders about strategy.

“Members of our management team have had conversations with ValueAct to hear their views and share ours.

“The board and management team will continue to make decisions that we believe are in the best interest of the company and all company shareholders.”

The Times has been one of the rare success stories in publishing as it has built a large and growing digital-subscription business.

allbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:足球博彩公司:NYT targeted by activist investor pushing for subscriber-only bundles

网友评论

  • (*)

最新评论

文章归档

站点信息

  • 文章总数:9646
  • 页面总数:0
  • 分类总数:8
  • 标签总数:2527
  • 评论总数:6487
  • 浏览总数:644205