NYTCO CEO: Digital Revenue To Grow By 30 Percent For ’07; Overall Contribution Increasing

New York Times president and CEO Janet Robinson used Tuesday’s appearance at Bear Stearns 20th Annual Media Conference to outline the company’s blended approach to revenue as digital becomes more important. No denying that print is still the engine that drives the train (trite but true) despite a shift in digital’s overall revenue contribution to 8 percent in 2006 from 4 percent in 2004 — but digital is driving growth. Robinson told the gathering: “In 2007, we will continue to build on our digital foundation. We expect digital revenues will grow approximately 30 percent to about $350 million, mainly through organic growth. We will focus on several key levers

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