A $50M international expansion of the New York Times has been announced.
The London branch of the New York Times is set to grow under a new expansion plan.
The title already has a team of 65 staff in London, which includes 35 editorial personnel.
Under the new expansion, which has been named the 'Our Path Forward' scheme, the title is planning to increase it's online footprint in English-speaking markets worldwide.
In a memo to staff, the title said: "Just as The Times became a truly national news organisation in a previous generation, we believe we now have the opportunity to become an indispensable leader in global news and opinion.
"A team of our top editors and business executives has identified a large, untapped, international audience for Times-style 'without fear or favor' journalism. While we are already seeing significant growth in consumer revenue from international markets, we believe we can achieve much more by better engaging our non-US readers and reporting for them as well as about them.
"Therefore, while our overall company aim is to double digital revenues by 2020, we are setting even more ambitious targets for our international growth."
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