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NY Times to buy The Athletic for ….


hemma

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1.)  I'm a subscriber of The Athletic.

2.)  I think it's fantastic.

3.)  I will never subscribe to the NY Times.

4.)  If the NY Times tries to insert any of its crap into The Athletic, I'm gone.

 

 

Edited by Inigo Montoya
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26 minutes ago, hemma said:

$550,000,000. 

 

I know that quite a few of you subscribe.  Looks like the subscription idea hit the sweet spot.

 

https://news.google.com/articles/CAIiEIVy_2WoeT5mon9o_eu-sYIqGQgEKhAIACoHCAow2Nb3CjDivdcCMJ_d7gU?hl=en-US&gl=US&ceid=US%3Aen

I think you had one too many commas... (F up some commas)

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The company I work for was purchased for $5 Billion, $4.25 Billion in cash. https://techcrunch.com/2021/09/01/apollo-completes-its-5b-acquisition-of-verizon-media-now-known-as-yahoo/

 

$550 Million is not a lot of money for a corporation as big as the New York Times. 

 

13 minutes ago, Miyagi-Do Karate said:

Interesting. It sounds like they wanted the Athletic less for the content and more for its customers’ info.  

 

That's the only reason for this deal. Yahoo has over 9 Million people who use it for email, Finance, etc. Apollo will be pushing their Caesars Sportsbook app to all those 9 Million people.  

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8 minutes ago, Son of a K-Gun said:

Man with that kind of money they could have put a dome on the NY Times.

They're too tough of a newspaper; they don't need a dome.

 

 

Edited by Nextmanup
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I’m a total cheapskate and the $60 I pay for The Athletic per year is WELL worth the price of admission. The content is top notch, the app engineering is extremely well executed as well. The NYT is getting a really good deal. 

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