Subscribersnumber more than 100, 000, and Beauchamp brags of a 20% monthly rate of growth in the past year, most garnered strictly by word-of-mouth advertising.
We currently estimate that the number of NYT Online Subscribers will increase to approximately 1.3 million by the end of our forecast period, but if the total number of subscribers increases to approximately 1.6 million, we would see 5% upside to the Trefis price.