The purchase of The Athletic helped the company get closer to its new subscriber goal, but the sports site lost $6.8 million over two months, eating into overall profits.
Source: New York Times
New York Times Reaches 9.1 Million Subscribers
Published in Athletic Media Co, Company Reports, Kopit Levien, Meredith, Mergers, Acquisitions and Divestitures, New York Times, New York Times Company and Wordle (Puzzle)
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