But... on the other hand, if you subscribe to News+, you may not feel the need to subscribe to NYT, and so ultimately its a terrible deal for the NYT who gets very little out of something like News+The New York Times is an app developer.
They develop the NYT app and are not part of News+ which means Apple gets a 30 percent cut from 1st year subscribers, but if they join News+, Apple will let the NYT keep 85 percent of subscriptions.