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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.

 

 

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