Quote:
Originally Posted by PepsiFree
As of last year, even with 1.2 million subscribers, the Athletic wasn’t making enough revenue to cover costs.
There’s just very little money in these things.
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Enough money to get bought out by the NYT for half a billion atleast!
Not that media companies don't make terrible decisions, but there's gotta be some money to be made there. Or the founders had their own Myspace moment and cashed out at the right time...