Alongside our core news report, New York Times Cooking, New York Times Games, Wirecutter and Audm, we'll have a more robust offering to engage the millions of subscribers we already have and convert many more new ones among our 100 million-plus registered users. The Athletic is currently expected to be immediately accretive to The New York Times Company's revenue growth rate. Prior to founding The Athletic, Mr. Mather and Mr. Hansmann worked together at Strava, the fitness tracking app. Allen & Company LLC acted as financial adviser and Morgan, Lewis & Bockius LLP acted as legal adviser to The New York Times Company. *** About The New York Times Company The New York Times Company is a trusted source of quality, independent journalism whose mission is to seek the truth and help people understand the world.

Source: New York Times January 07, 2022 22:31 UTC