The Athletic sold to the New York Times for $550 Million

[Harry B]

The only reason this could be bad (unless you are a Trumpanzee) is the ads, which obviously is a big thing to some

 

[beenz]

The Athletic is still exponentially better than the bullshyt this board shares from ESPN.

So I don't know what the fukk yall are mad about.

People don't want the athletic to go out like ESPN cuz of the nyt Acquistion. ESPN's website is useless with everything being behind a paywall these days.

 

[beenz]

The only reason this could be bad (unless you are a Trumpanzee) is the ads, which obviously is a big thing to some

Three lack of ads is one of the best things about the athletic. The clean website and interface is refreshing in this day and age where you're constantly bombarded by unwanted advertising.

 

[Frangala]

Every business needs an exit no matter how disruptive it claims to be or how the founders of the business claims it is anti status quo or anti establishment.

The only entities and businesses that have that type of cash to acquire other "disruptive" businesses are "establishment" businesses.

Facebook acquired whatsapp for like $15B despite the business being unprofitable but they looked at the potential synergies of the deal. Whatsapp could be another ad revenue play (2 billion users on Whatsapp) when prior to the deal the app had no ads and prided itself on encrypted communications between users but it doesn't matter what the "disruptive" mission of Whatsapp founders were they are no longer the owners of the business.

NY times probably saw potential future synergies that more than justified $550 million price tag. The value of synergy was more than the premium that it paid for the athletic.