New York Times Acquire The Athletic

[failos]

…for $550M

https://www.axios.com/new-york-times-athletic-deal-valuation-b13346c5-1bb0-4826-a00f-66214e133518.html

 

Quote

The New York Times has agreed to acquire the The Athletic in an all-cash deal valuing the sports media startup at $550 million, a source familiar with the deal confirmed to Axios. 

Why it matters: It's a huge victory for The Athletic, which had been shopping a deal for months. The subscription-based sports media company was under pressure to sell in light of how much cash it's lost over the past two years.

The Athletic co-founders Alex Mather and Adam Hansmann will stay on after the deal, expected to be announced at market close Thursday. 

 

 

Edited January 6, 2022 by failos

[failos]

Just realized the thread title makes it seem like the NYT bought the A’s. Oops.

[Taylor]

You mean "tHe fAiLiNg NeW yOrK tImEs"?

Interesting acquisition. I subscribe to the NYT for like $4 a month, so hopefully this means I can read Athletic articles too.

[Jason]

Just now, Taylor said:

You mean "tHe fAiLiNg NeW yOrK tImEs"?

Interesting acquisition. I subscribe to the NYT for like $4 a month, so hopefully this means I can read Athletic articles too.

I'm guessing that will be an additional monthly fee 

[Stradling]

I bought a year long subscription of the Athletic for like 99 cents on Cyber Monday. 

[HanfordGuy]

Get ready for Athletic articles with clickbait headlines, “Watch Aaron Judge destroy Baltimore pitcher!”

[HanfordGuy]

6 minutes ago, Stradling said:

I bought a year long subscription of the Athletic for like 99 cents on Cyber Monday. 

Was it worth the 99¢?

[Stradling]

Just now, HanfordGuy said:

Was it worth the 99¢?

I have read two articles so far.  So yes?

[Blarg]

27 minutes ago, Taylor said:

You mean "tHe fAiLiNg NeW yOrK tImEs"?

Interesting acquisition. I subscribe to the NYT for like $4 a month, so hopefully this means I can read Athletic articles too.

Starbucks free wifi used to include subscriptions to all of the major news services, including the NYT. I used to spend an hour at our local in the morning waiting for traffic to die down and scanned multiple sources. Working from home doesn't necessitate that. 

[Taylor]

28 minutes ago, HanfordGuy said:

Get ready for Athletic articles with clickbait headlines, “Watch Aaron Judge destroy Baltimore pitcher!”

I think you're confusing the New York Times with the New York Post.

[floplag]

I had considered a sub to the athletic, im glad i didnt now. 

[Taylor]

Just now, floplag said:

I had considered a sub to the athletic, im glad i didnt now. 

The New York Times isn't moderate enough. I get it.

[UndertheHalo]

3 hours ago, Taylor said:

You mean "tHe fAiLiNg NeW yOrK tImEs"?

Interesting acquisition. I subscribe to the NYT for like $4 a month, so hopefully this means I can read Athletic articles too.

The NYT is shit.  Fuck them.  Cancel the subscription. 

Edited January 6, 2022 by UndertheHalo

[UndertheHalo]

[UndertheHalo]

21 minutes ago, Taylor said:

The New York Times isn't moderate enough. I get it.

Wrong it’s not liberal enough. 

[ScruffytheJanitor]

The Times is weird. They are the polar opposite of the Wall Street Journal; their editorial board is super left wing, but they do about 1/2 (if not more) of the good, actual reporting done by all mainstream news sources (even if it is hidden under headlines that slant hard left). The Wall Street Journal editorial board shades to the right (though much less than they used to), and their actual reporting is mostly garbage.

[Second Base]

A liberal propaganda news agency just purchased the sports arm of their considerable reach. Get ready for them to politicize sports as we know it. 

"Mike Trout hits HR off Amir Garrett: Why it's racist"

[Taylor]

46 minutes ago, UndertheHalo said:

Wrong it’s not liberal enough. 

'Tis true.

[Second Base]

Op Ed: "In a stunning display of inherent bias, Angels promote Brandon Marsh, but not Jo Adell"

[UndertheHalo]

The NYT is extremely dog shit for a whole bunch of reasons but none of it has anything to do with whatever Scotty is making up. 

[Taylor]

15 minutes ago, UndertheHalo said:

The NYT is extremely dog shit for a whole bunch of reasons but none of it has anything to do with whatever Scotty is making up. 

What's ironic is that the NYT and other "MSM" outlets are directly responsible for the rise of a certain political figure who's beloved by the segment that so easily calls out those outlets.

[Jason]

1 minute ago, Taylor said:

What's ironic is that the NYT and other "MSM" outlets are directly responsible for the rise of a certain political figure who's beloved by the segment that so easily calls out those outlets.

This is technically true 

[floplag]

2 hours ago, UndertheHalo said:

Wrong it’s not liberal enough. 

No hes just bringing up a years old argument where he felt he had the right to define what moderate means to other people... nothing to see. 

[UndertheHalo]

1 hour ago, Taylor said:

What's ironic is that the NYT and other "MSM" outlets are directly responsible for the rise of a certain political figure who's beloved by the segment that so easily calls out those outlets.

It’s all a show dude.  They’re all going to be like flies on shit when my man is back on the trail in a couple of years. 

Edited January 6, 2022 by UndertheHalo

[AngelsFaninGA]

4 hours ago, UndertheHalo said:

The NYT is extremely dog shit for a whole bunch of reasons but none of it has anything to do with whatever Scotty is making up. 

It's dogshit for the same reason that virtually every semi-organized news site these days is dogshit. Frankly this and other independent boards/blogs have better information and quality of discourse than any of these "news" sites.