Unfortunately for Trump the New York Times immedaitely had access to information that refutes his statement. 

Courtesy of HuffPo:

President Donald Trump was hit with a fact-check on Sunday after declaring that The New York Times was “losing a fortune” and would soon be “out of business.”

Trump tweeted that the Times ― his hometown’s paper of record and one of his favorite media targets ― had “zero credibility” and would fold “soon after I leave office.”

Minutes later, Peter Baker, the chief White House correspondent for the Times, tweeted this fact-check:

Actually, the New York Times and Washington Post have both been knocking it out of the park business wise and journalistically. 

I have a subscription to both, and will continue to support them for years to come. 

See, not everything that Trump touches turns to shit.