• Loading stock data...
Wednesday, April 30, 2025

NY Times Reportedly In Talks to Acquire The Athletic

New York Times in talks to buy The Athletic.
Jens Schott Knudsen/Design: Alex Brooks

Speculation about The Athletic’s future took another turn Tuesday when Axios reported that The New York Times is in discussions to acquire the subscription-based sports media company. 

The Athletic was valued at around $500 million after a $50 million funding round in 2020. It also generated roughly $80 million in revenue in 2020, though it’s not profitable, per Axios.

In late March, Axios itself was reportedly in discussions with The Athletic about a possible merger. The Wall Street Journal later reported that Axios talks were off and that The Athletic was interested in doing business with The Times.

Axios said this week that once word of the potential Axios-Athletic merger leaked in March, The New York Times approached The Athletic about a possible acquisition.

Vox Media also reportedly held talks with The Athletic about a merger.

The Athletic has about 1.2 million subscribers. The New York Times has 8 million subscribers and a market cap of $7.11 billion. Its stock closed at $43.59 on Tuesday, up 3% for the day.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 25, 2025; Los Angeles, California, USA; Pittsburgh Pirates starting pitcher Paul Skenes (30) pitches during the first inning against the Los Angeles Dodgers at Dodger Stadium

The Pirates Are Struggling, But Paul Skenes Fever Is Still Spreading

The 22-year-old pitcher is (finally) giving Pittsburgh something to cheer for.
exclusive

Dwyane Wade, Candace Parker Expected to Join Amazon NBA Coverage

Parker would be a studio analyst for both NBA and WNBA games.

How DJ Adam Amin Mixes Baseball With Bangers

Amin is one of Fox’s top NFL and MLB voices.
Ionescu

Heavy Off-Court Spending Key to Liberty Title Repeat Hopes

The Liberty have become a preferred destination for WNBA players.

Featured Today

Jun 21, 2024; Boston, MA, USA; Boston Celtics majority owner Wyc Grousbeck holds the Larry O’Brien trophy prior to the Boston Celtics championship parade.

The Celtics Succession Plan Remains Murky

The transfer of power to a private-equity group is still unresolved.
April 26, 2025

The Rays Groundskeepers Are Adjusting to Life Outside the Dome

After nearly three decades in a dome, Tampa groundskeepers were forced outside.
April 25, 2025

The Former NBA Agent Who Became a Pickleball Deputy Commissioner

Chris Patrick went from representing Jimmy Butler to pickleball deputy commissioner.
Apr 5, 2025; San Antonio, TX, USA; Duke Blue Devils forward Cooper Flagg (2) reacts after a three point basket against the Houston Cougars during the first half in the semifinals of the men's Final Four of the 2025 NCAA Tournament at the Alamodome.
April 21, 2025

Cooper Flagg’s Timing Is Perfect for the NBA and USA Basketball

The projected No. 1 pick just declared for the draft.
Jordon Hudson

Bill Belichick Accuses CBS of ‘Selectively’ Editing Awkward Girlfriend Clip

The North Carolina coach cited his “professional” relationship with Jordon Hudson.
April 25, 2025

NFL Draft Round 1 Draws 13.6M Viewers, Second-Highest Ever

With stars staying on the board, viewers tuned in.
April 29, 2025

NFL Draft Hits Historic Viewership Highs Thanks to Sanders Saga

Drama around the fall of Shedeur Sanders likely contributes to robust viewership.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Portfolio Players is our bi-weekly spotlight on the athletes and investors reshaping the business of sports. This week, venture capitalist Kai Cunningham unpacks why athletes land top deals and how the usual investing rules don’t always apply.
April 25, 2025

Goodell: Three NFL Games Every Christmas Moving Forward

The league is returning to scheduling three games on the holiday this season.
April 25, 2025

Knicks, Rangers to See Big Cut in MSG Networks Media-Rights Fees

The teams will each see big reductions in their local media-rights fees.
April 24, 2025

Comcast Leans On Sports As Revenue Slides and Cord-Cutting Grows

NBC Sports’ rights portfolio remains a company bedrock.
FuboTV signage
April 23, 2025

Disney’s Fubo Takeover Now Faces DOJ Antitrust Review

The deal struck by the ESPN parent company could be in jeopardy.