OT: NY Times Co. purchasing The Athletic
https://www.axios.com/new-york-times-athletic-deal-valuation-b13346c5-1…
$550 million all-cash deal.
January 6th, 2022 at 9:42 PM ^
By acquiring it, writers, editors and staff likely don't have to be paid the NYT guild rate. I expect them to keep many features writers but this allows them to build out a premier sports outlet - if they can make it profitable - that they probably could not in house.