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New York Times to buy sports news site The Athletic

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AFP

New York (AFP) – The New York Times will acquire sports news website The Athletic, the companies announced Thursday, the latest move by the iconic US newspaper in its diversification drive. “Acquiring The Athletic puts us in a position to be a global leader in sports journalism and offer English speakers around the world another reason to turn to the Times Company to meet their daily news and life needs,” New York Times chief Meredith Kopit Levien said in a statement.  The newspaper company will pay $550 million for The Athletic, which has become a leader in sports coverage over the past six y…

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