Operating costs in the first quarter were $378 million, nearly $11 million more than the first quarter of 2017, largely because of increased compensation costs. Looking ahead, Mr. Thompson said the company was focused on new ways to expose its work to different audiences, specifically with television and film. “First up at the end of May is an independent Showtime documentary, where the Times newsroom and our coverage of the first year of the Trump administration is the subject,” Mr. Thompson said. “The Daily podcast demonstrated our ability to translate the quality, the authority and the humanity of Times journalism in audio, and we think we can do the same in television,” Mr. Thompson said. “We think this could be a way both to generating revenue but, again, getting Times journalism in front of new audiences and further the reputation of The New York Times.”

Source: New York Times May 03, 2018 12:32 UTC