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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
TechNew York Times

Coronavirus pandemic creates big appetite for news apps

Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
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Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
March 20, 2020, 6:40 PM ET

One upside to the current coronavirus crisis is that more Americans are reading the news.

Daily downloads of the Washington Post app are up 76% compared to January, while those for the New York Times are up 58% and the Wall Street Journal have risen 39%, according to research firm Apptopia.

Year-over-year, the Post‘s daily downloads are up 65% to a record 7,410 daily. The equivalent figure for the Times is 28,210 daily downloads (a 48% annual increase) and 6,460 for the Journal (a 20% gain).

Apps related to working or socializing from home—including Zoom and Rave—have seen similar upticks, said the report’s author, Madeline Lenahan. However, travel-related apps like Uber and Lyft are taking “huge hits.”

In the case of the news apps, Apptopia says it’s too soon to say if the surge in downloads will translate into additional revenue.

News publishers, including Fortune, have long provided large amounts of their reporting free of charge, but have become more assertive in recent years in asking readers to pay for their work. (Fortune’s new app is available here).

While individual publications like the Times have had increased downloads, Apptopia notes that it is news aggregators like SmartNews and News Break that are enjoying the lion’s share of gains. In the case of News Break, users downloaded the app a record 225,000 times on March 17.

Lenahan notes that downloads can be a “vanity metric” for companies since many consumers download an app and only use it once. But she adds that the recent download figures for news apps has been accompanied by a similar surge in daily active users—suggesting users are indeed reading more news during the crisis than ever.

More coronavirus coverage from Fortune:

—Financial crisis looms as corporate America presses for coronavirus bailout
—Tax deadline moved to July 15 due to coronavirus
—Death rate in China’s coronavirus epicenter is lower than previously thought
—How working parents are navigating childcare during the coronavirus pandemic
—As oil slides on coronavirus and price war, the market looks for the new normal
—Funerals in the time of coronavirus: How a pandemic is changing the industry
—Listen to Leadership Next, a Fortune podcast examining the evolving role of CEO
—WATCH: World leaders and health experts on how to stop the spread of COVID-19

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.

About the Author
Jeff John Roberts
By Jeff John RobertsEditor, Finance and Crypto
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Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the blockchain and how technology is changing finance.

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