The New York Times has fired back at President Donald Trump's charge that it's a failing publication that prints "fake news" and is plagued by a "dwindling" number of readers.
Last weekend, Trump, who's had a running battle with the newspaper's coverage of his presidential campaign and ascension to the White House, tweeted:
Politico reports that when The Times released its 2016 Q4 earnings report on Thursday showing a large growth spurt in subscriptions, the company's CEO Mark Thompson fired back in a conference call:
"President Trump was once again busy tweeting this weekend that our audiences and our subscribers were, to use his word, 'dwindling.' Well, not so much, Mr. President."
Thompson said 220 million people looked at The Times on its digital platforms in the presidential-election month of November and noted it had seen a net increase of 276,000 digital subscribers during the fourth quarter.
"For comparison, that's more net new subscriptions in one quarter than we added in the whole of 2013 and 2014 combined," Thompson said.
"But perhaps the new president was referring to the New Year and guessing that there had been a post-election lull. If so, wrong again . . . We are continuing to see remarkably strong numbers of new subscribers."
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