“We are, in the simplest terms, a subscription-first business” NY Times
With that statement the NY Times in a 2020 strategy statement prove they at least understand that the days of newspaper survival on advertising are gone.
The final paragraph in the introduction has three telling actions still required:
For The Times to become an even more attractive destination to readers — and to maintain and strengthen its position in the years ahead — three broad areas of change are necessary. Our report must change. Our staff must change. And the way we work must change.
I still believe in (online) newspaper organisations with quality reporters for obtaining real news, but it is a small group that I rely on, and maybe NY Times are going to make it. (others are Financial Times, Economist)