The New York Times Company agreed to purchase sports media outlet The Athletic in a deal valued at $550 million, The Information reports. This deal comes after months of speculation — at one poi
Next year, The Athletic expects cash consumption of merely $7 million against $119 million in revenue. That seems just fine.
As paid newsletters grow in popularity, Snigdha Sur, the founder of South Asian-focused media company The Juggernaut, has no qualms about avoiding the approach entirely. In October 2017, Sur started T
Precursor Ventures, a 3.5-year-old, seed-stage investment firm in San Francisco, just closed its second fund, with $31 million in capital commitments, roughly double what it raised for its debut effor
Local newspapers may be shuttering and people may be consuming most news on social media, but don’t tell Alex Mather that a subscription news publication can’t grow like a unicorn startup.
High-quality local sports coverage isn’t dead. At least that’s the premise upon which The Athletic is building its business. The young startup, part of Y Combinator’s Summer 2016 cl