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The NYT and The Athletic

Discussion in 'Journalism topics only' started by Alma, Jun 17, 2022.

Page 12 of 36
  1. wicked

    wicked Well-Known Member

    Get 30 percent off when you use the code OURSERVERSSUCKTODAY.
     
    wicked, Jul 31, 2022
    #133
    BYH 2: Electric Boogaloo likes this.
  2. Mr. X

    Mr. X Active Member

    Mr. X, Aug 3, 2022
    #134
  3. The Big Ragu

    The Big Ragu Moderator Staff Member

    The most interesting thing about their earnings is the window we are now getting into The Athletic, which you couldn't get when the company was private.

    Operating profits for NYT as a whole were down 18 percent year over year, and it looks like The Athletic, which lost $12.6 million for the quarter, was the reason.

    That said, the first quarter losses for the Athletic had been $19.4 million, so it looks like have already made some progress in getting it to run leaner.

    It should be interesting to see a few things: 1) If they can get the thing to stop losing millions of dollars every year and turn a corner so they can make back what they paid for it, 2) If they affect the quality so much in trying to cut costs that it loses subscribers instead and has the opposite effect, and 3) If the strategy with bundled digital offerings works and creates profit growth.
     
    The Big Ragu, Aug 3, 2022
    #135
    FileNotFound, MeanGreenATO and clintrichardson like this.
  4. Sports Barf

    Sports Barf Well-Known Member

     
    Sports Barf, Sep 8, 2022
    #136
  5. ChrisLong

    ChrisLong Well-Known Member

    Hmmm. Also read this morning that Joe Smith is moving from Tampa to Minneapolis to "share" the Wild coverage with Michael Russo. No word on who takes over the Lightning. I heard that a few months ago, Joe tweeted (I don't twitter) that he was disappointed to not get a position he wanted, but there were no clues as to what that was.
     
    ChrisLong, Sep 8, 2022
    #137
  6. matt_garth

    matt_garth Well-Known Member

    matt_garth, Sep 12, 2022
    #138
  7. tapintoamerica

    tapintoamerica Well-Known Member

    "Advertising Experience" is so perfectly corporate. It's like a judge sentencing a defendant to a Confinement Experience courtesy of the state division of corrections.
     
    tapintoamerica, Sep 12, 2022
    #139
    dixiehack likes this.
  8. wicked

    wicked Well-Known Member

    No game stories.
    No ads.

    Weren’t those the main selling points of the whole thing?
     
    wicked, Sep 12, 2022
    #140
    BYH 2: Electric Boogaloo likes this.
  9. tapintoamerica

    tapintoamerica Well-Known Member

    And the opportunity to help a couple of hedge fund bros put every newspaper in America out of business, if I remember correctly. A sacred, shared journey that at least one of them giddily predicted.
     
    tapintoamerica, Sep 12, 2022
    #141
    BYH 2: Electric Boogaloo and Fdufta like this.
  10. SixToe

    SixToe Well-Known Member

    My brother just texted me asking the same thing about "no ads" being a major selling point.

    We all know that's unrealistic over the long haul, though. Subs alone can't produce enough to cover costs, production (even on the web) and make money for investors.
     
    SixToe, Sep 12, 2022
    #142
  11. Readallover

    Readallover Active Member

    Readallover, Sep 13, 2022
    #143
  12. MeanGreenATO

    MeanGreenATO Well-Known Member

    The Athletic didn’t appear to send any of their WBB reporters to cover the WNBA Finals, which is a bit surprising. Seems to be getting some good interest this year.
     
    MeanGreenATO, Sep 13, 2022
    #144
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