New York Times goes for new revenues with theatre ticket sales

Posted by John Burke on June 29, 2005 at 1:18 PM

Although the daily is an international news powerhouse, the New York Times is selling tickets to its hometown's Broadway and Off-Broadway productions. AuctionBytes.com writes:

"The NYTimes' show and venue information pages have been upgraded to include links to up-to-date performance calendars and will soon offer show "trailers," short, edited streaming video clips from the shows. The section includes capsule reviews and cast information; reader reviews; schedules; search; multimedia features with audio from Times theater critics; discussion forum; and an "opening soon" feature.

NYTimes.com also offers TicketWatch, a free email service with discounted theater and performing arts offers that is sent regularly to over 325,000 subscribers who have signed up at www.nytimes.com/ticketwatch. Each email provides a special offer to a specific Broadway or Off Broadway show or performing arts event. The email includes a promotion code to use when ordering tickets by phone or online."

This doesn't appear to be a way to attract new readers, just a way to attract new revenue. Do moves like this cheapen the brand, or are newspaper companies always going to have to diversify in such a way as to build up the finances to provide to their newsrooms and continue their quality reporting? Would such services even be possible without newspaper Websites?

Source: AuctionBytes.com

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