“We feel that it’s appropriate for us to, if we have to, demonstrate how worth it we are.” “We know what we’re worth,” Wirecutter writer Katie Okamoto said. The union, which represents around 70 editorial employees, said a strike would deprive the company of sought-after fresh content for at least 24 hours during the busiest week for its site, as customers seek out the brand’s carefully-researched reviews to help them pick their Black Friday and Cyber Monday purchases. Wirecutter generates revenue for the company via subscriptions, digital ads, and commissions on purchases via affiliate links. They say the company is offering across-the-board raises of only 0.5% per year, with additional pay subject to management’s discretion about who deserves it.Ī Times spokesperson did not immediately comment in response to an inquiry. Members plan to protest what they say is the company’s refusal to agree to an initial collective bargaining agreement with significant guaranteed wage increases. 26 this year, the day after the Thanksgiving holiday, when retailers count on a huge bump in holiday shopping.
Two years ago the union secured recognition at Wirecutter as well. Over 90% of Wirecutter union members have voted to authorize a work stoppage lasting one or more days in late November, according to the NewsGuild, which represents around 1,300 other editorial and business workers at the Times. Other revenue, the category at NYT that holds Wirecutter's affiliate revenue, rose 9% year-over-year to hit $42.8 million last quarter.Journalists at the New York Times Co.’s Wirecutter unit plan to strike during the product review website’s peak traffic period around Black Friday, joining a recent wave of threatened work stoppages by U.S.
When the subscription launches, readers will get 10 free Wirecutter stories a month before being asked to pay, and the company says only a small portion of the readership hits more than 10 articles a month (but a small portion does visit more than 50 times a month).Now as NYT looks to diversify its subscription base, it will make stand-alone Wirecutter subscriptions available for $5 every four weeks (or $40/year), and it will be included at no additional charge for those who already pay for NYT premium digital subscriptions or home delivery.The site, acquired for about $30 million by NYT five years ago, has traditionally been free to view, earning revenue from shopping-affiliate links for the products it recommended - notably ( AMZN +0.9% ) in the early going, but more recently supplanted with links to Walmart ( WMT +0.2% ), Target ( TGT -1.3% ) and other retailers.( NYT +0.4%) will put its popular product-review site The Wirecutter behind its subscription paywall, The Wall Street Journal reports. Mbbirdy/iStock Unreleased via Getty Images
0 kommentar(er)
