Is the Athletic worth $550m? How NYT deal compares with other news media valuations
On some basic financial measures, the New York Times’ $550m acquisition of the Athletic is one of the priciest media…
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Time magazine celebrates bumper year as it plans to double down on NFTs
Time achieved its highest revenue growth in “well over a decade” last year, the publisher’s chief executive and editor-in-chief has…
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Agency Newsflare doubles down on UGC with £5m investment
User-generated content distribution agency Newsflare has raised £5m in funding to help it become “the household name for where you…
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Why B2B publisher Metropolis has bought Viz, Fortean Times and Cyclist
Metropolis bought adult satire magazine Viz, paranormal title Fortean Times, and Cyclist because they fit the specialist publisher’s strategy of…
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Mental health now more important than money for young journalists, survey finds
Mental health has eclipsed financial stability as the greater priority for younger and underrepresented journalists after the pandemic, a new…
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New York Times buys loss-making The Athletic for $550m adding 1.2m to its subs total
The New York Times Company has agreed a $550m deal to buy sports news business the Athletic. The deal, which…
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ITN’s Deborah Turness named chief executive of BBC News and Current Affairs
The BBC has named current ITN boss Deborah Turness as its new chief executive for news and current affairs, replacing…
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Covid sees revenue plunge at DC Thomson – but investments prompt best ever profits
Press and Journal, Beano and Stylist publisher DC Thomson has reported its lowest revenue since 2003 because of the hit…
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