New York Times to Buy The Athletic Sports Media Company for $550 Million — Variety

The New York Times Co., doubling down on digital subscriptions and looking to reach younger audiences, announced that it has entered into an agreement to acquire The Athletic, a subscription-based sports media business, for $550 million in cash. The Times had reportedly been in talks to buy The Athletic since the spring of 2021. The…

New York Times to Buy The Athletic Sports Media Company for $550 Million — Variety

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