Speaking of our appeal to a wide range of marketers: we officially launched display advertising on The Athletic at the end of the quarter. 57a Air purifying device. I'll give you one more kind of technical detail. The Times now has more than 9. It was the only division to report growth in revenue and earnings, climbing 11% in revenue to $US563 million. Do slightly better than net.org. On a GAAP basis, which includes the impact of the additional 6 days, both digital and print advertising revenues beat the fourth quarter guidance we issued in the third quarter. Meredith, The Athletic did $5.
- Do slightly better than nytimes.com
- Do slightly better than net.com
- Do slightly better than net.org
- Who got it better than us
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Do Slightly Better Than Nytimes.Com
Our ambition here is to become one of the leading players in global sports journalism, and we're confident that in doing so, we'll create significant value for shareholders. I'll start by sharing a few highlights from the year. Adjusted operating profit at The New York Times Group was approximately $149 million, an increase of $40 million compared to the prior year while The Athletic had adjusted operating losses of approximately $7 million. Digital subscriber revenue in the quarter grew in line with our expectations, driven mostly by the continued transition of early tenured subscribers to higher prices. Do slightly better than net.com. Adjusted revenues of $US514 million increased 3%. 8 million from $US109.
Do Slightly Better Than Net.Com
For the quarter, digital-only subscriber ARPU decreased 8% compared to the prior year from $9. So we were happy about that. It has nearly 10 million subscribers and a goal of 15 million subscribers by 2027. We added 180, 000 net new subscribers in the quarter, with a slow start in July, a pickup in August, and a strong September. 5% compared with the prior year to approximately $72 million primarily as a result of higher Wirecutter affiliate revenue, higher live event revenue and higher licensing revenue despite the expiration of the Facebook licensing agreement. And I'll say on the bundle, something that's been very pleasing as we continue – obviously, we're driving more people to the bundle and all the ways we've described so far, but we're continuing to see bundle subscribers engage 10% to 20% better than news subscribers. Total subscription revenues increased approximately 11. 5% as compared with 2021, primarily due to the addition of costs associated with The Athletic while costs at The New York Times Group were approximately 1% higher. Ex The Athletic, domestic ARPU increased modestly both year-over-year and sequentially due to the large cohort of subscribers graduating from promotional to higher prices in the period. With that, I'll hand it over to Roland and be back to take your questions shortly. 5 billion, 7, 000 jobs and a massive revamp into cleaner more identifiable businesses and the resumption of a dividend later this year. Do slightly better than nytimes.com. Altogether, digital advertising amounted to around one-sixth of its $US667.
Do Slightly Better Than Net.Org
In case there is more than one answer to this clue it means it has appeared twice, each time with a different answer. Roland Caputo: Well, I mean, I just want to say we're really pleased to increase the return to shareholders at this time. It will ebb and flow. Financing and ownership information last updated February 22, 2021. And that's the huge area of focus. I would like to turn the conference back over to Harlan Toplitzky for any closing remarks. If you think this information is out of date or needs to be updated, please contact us. The New York Times: All the black ink that's fit to print –. And the New York Times has a buyback and a promise of higher dividends when earnings are strong. At The New York Times Group, we grew adjusted operating profit by 14% and drove more than 100 basis point improvement in margin. We now aim to return at least 50% of free cash flow to our shareholders, which will allow us to return more capital to shareholders while maintaining the strategic flexibility to continue to invest thoughtfully in the business.
Who Got It Better Than Us
You have to be somewhat pleased with that. It's worth noting that we've modified the definition of adjusted diluted EPS to exclude the impact of amortization of acquired intangible assets to improve the comparability of earnings across periods. This is largely consistent with the 105% funded status we reported at year-end 2021, a strong result in light of the general market performance in 2022. It's handy not having to tap dance around a strong US currency. Moreover, these results demonstrate the proven nature of our model to grow profit even in a dynamic and challenging market. But on an adjusted basis, operating profit increased to $US141. 5 million, beating the $US646. We had a very strong year — strong first year of execution. But we have a powerful, multi-revenue stream model with great unit economics, and we believe we are well poised for further growth. We believe our moat is having a product that is differentially valuable first to news, but across the breadth of human experience and then across now a growing bundle of products. Meredith Kopit Levien - President and Chief Executive Officer.
The conference has now concluded. Less encouragingly, digital advertising revenue growth for the 4th quarter was sluggish. And given the strong relationship we've seen between subscriber, engagement and retention, we expect the shift towards the bundle to yield benefits that continue accruing well into the future. On the call today, we have Meredith Kopit Levien, President and Chief Executive Officer; and Roland Caputo, Executive Vice President and Chief Financial Officer. Now before I turn it over to Roland, I want to say a few words about my two colleagues on this call. Including The Athletic, consolidated digital ARPU grew sequentially for the second consecutive quarter. As a matter of fact, it was tick better than we had seen recently. Overall, 49% of respondents rated New York Times as left of center, 30% rated it in the exact center, and 22% rated it as right of center. And if you wanted to, obviously, you could exhaust that in one quarter in pretty quick order. Results from a March 2013 Blind Survey by AllSides confirmed The New York Times has a Lean Left bias.
I'll just add that we largely anticipated what we're seeing in advertising and that's been reflected in everything we've suggested. New York Times Fact Check Section Has Lean Left Bias: July 2021 Editorial Review. If so, the cuts will be easy peasy. I'll say we've got a strong history here of taking a measured approach and kind of testing and learning to positive effect. 3 million in the final quarter of 2021. For the quarter, digital-only subscriber ARPU decreased 7% compared to the prior year due to dilution from our early 2022 acquisition of The Athletic. We're starting to see some nice operating leverage in the model, as you mentioned. The big thing that we've seen this year that's been different from past years is we've had a number of years where it was kind of one or two very, very big storylines driving the news cycle. My other two questions real quick, if I could. The quotes also display elitism bias by displaying the perspectives of public officials more prominently than taxpayers. Given our confidence in our strategy and the investments we've already made, we've been able to actively slow cost growth.
Follow New York Times Co (NYSE:NYT. At the end of December, Foxtel's total closing paid subscribers were more than 4. Licensing revenues were lower primarily due to a one-time book deal in 2021.
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