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Discover the Perfect Nude Lipstick Shade for Every Skin Tone

Posted by Pranali Ahuja on September 20, 2024 at 1:12am 0 Comments

Achieve an effortless, natural look with the perfect nude lipstick. Whether you prefer a soft, barely-there shade or a bold nude statement, finding the right hue can enhance your complexion and complete any makeup look. Explore a variety of nude lipstick tones that flatter every skin type, from fair to deep, and tips for choosing the best finish—matte, satin, or gloss. Let your lips shine naturally!

Careers as Psychologist

Posted by Poddar College on September 20, 2024 at 1:01am 0 Comments

Psychologists typically work with patients that have been diagnosed with more severe mental disorders, such as borderline personality disorder, clinical depression, schizophrenia, and more. Psychologists can also transition into academia or research, rather than clinical or counseling practice. Poddar International College, the best College in Jaipur offers UG course in Psychology.

The various Psychology professions other than Counseling and Therapist include:

Clinical…

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Best Careers after B. Sc. in Biology

Posted by Poddar College on September 20, 2024 at 12:53am 0 Comments

Biology is a fast-growing field with a wide range of high-paying positions. While the highest-paid positions require an extensive amount of training and education, they are considered highly rewarding jobs both emotionally and financially.

As a general perception, Biology students get disappointed if they are not able to become a doctor. Here we would like to throw light on some other good career options in Biology after completing their graduation. Poddar International College, one of…

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Minority Shareholder Protection In The AIFC, Kazakhstan – Kinstellar

Posted by Liz Seyi on September 20, 2024 at 12:43am 0 Comments

In private companies limited by shares, the most popular form of company established in the Astana International Financial Center ("AIFC") shareholders range from those with majority ownership stakes (i.e. greater than 50%) to those with smaller holdings. The latter, known as minority shareholders, often face challenges due to their limited ability to influence business decisions. Our expertise lies in safeguarding the rights of minority shareholders, offering advice on protection strategies… Continue

The New York Times Acquires Subscription-Based Sports Website 'The Athletic' For $550 Mn


The shares of The New York Times Company $NYT: $42.71(-10.69%) fell a day after the company announced that it has agreed to acquire The Athletic, the global digital subscription-based sports media business, for $550 million in cash, subject to usual closing adjustments.

The shares of the New York Times company wiped out its previous day trading session gains on Friday as the stock plunged to $42.47 within an hour of opening.

At 1:30 p.m. eastern time, the stock was trading at $43.60 apiece, down roughly 8.80% from its previous day close of $47.82.

The NYT stock opened the market at $47.42. With this agreement, The Times, which currently has eight million total subscriptions, inches towards its goal of ten million by 2025, while also providing its audience with more in-depth coverage of over 200 professional teams in North America, the United Kingdom, and Europe that the journalists at The Athletic closely follow.

Meredith Kopit Levien, the chief executive of the Times Company, called The Athletic “a great complement to The Times.”

“We are now in pursuit of a goal meaningfully larger than 10 million subscriptions and believe The Athletic will enable us to expand our addressable market of potential subscribers,” she said.

Ms Levien, in conversation with analysts, on Thursday, said there was a “relatively modest” overlap in subscribers of the target and the Times.

The Athletic will be a subsidiary of The Times Company, and continues to run as a separate entity from The Times’s newsroom and its sports division, the company said.

David Perpich, a senior executive at The Times, who has led the Cooking and Games apps, along with the product recommendation site Wirecutter, will be the publisher.

The founders of The Athletic–Alex Mather and Adam Hansmann, will remain in the company. They will report to Times Company executive David Perpich. Mr Mather, the site’s chief executive at present, will handle the role of general manager and co-president; Mr Hansmann, who is now The Athletic’s president, will become its chief operating officer and co-president.

Mr Mather and Mr Hansmann founded –The Athletic in January 2016 that runs on a subscription-based business model, and had 1.2 million subscribers as of December 2021.

The San Francisco based company has over 600 employees, with almost 400 in its newsroom, the second-largest employer of sports journalists in the U.S, after the Disney-owned ESPN.

Mr Mather and Mr Hansmann, in a statement, said, “We started The Athletic to bring fans closer to the teams, players and leagues they love through deep, immersive journalism and storytelling. Today marks a thrilling milestone for that dream, one realized because of the hard work of every single one of our employees. We are proud to have The Athletic become part of The Times Company’s family of subscription products.”

They added, “ When we founded the company, we hoped to become the sports page for every city in the world. We’re excited to continue serving our avid subscribers as we grow and scale with the help of the most important journalistic organization and the leader in digital subscription news.”

According to the report by The New York Times, recently, The Athletic, hit by a slowdown in the subscription growth, tried out various options, including offloading a minority or majority stake in the company, with private equity firms and corporations as possible buyers.

The Athletic attracted about $65 million in revenue last year, with operating losses concluding to roughly $55 million, Ms Levien told analysts.

The company wishes to sell The Athletic as a standalone subscription product initially, with plans to gradually add it to the New York Times package.

Ms Levien added, “Strategically, we believe this acquisition will accelerate our ability to scale and deepen subscriber relationships. We are now in pursuit of a goal meaningfully larger than 10 million subscriptions and believe The Athletic will enable us to expand our addressable market of potential subscribers.”

“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, according to Ms Levien, will hamper The Times’ profitability over the next three years before adding to the bottom line by bringing in new subscribers and ad income.

On the question of the probability of potential layoffs at The Athletic, Ms Levin answered, “at this point, that’s not our plan.”

The acquisition deal is expected to close by the first quarter of 2022.

Allen & Company LLC acted as a financial adviser, while Morgan, Lewis & Bockius LLP acted as legal adviser to The New York Times Company on the deal.

For The Athletic, LionTree Advisors LLC was the financial adviser, and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP was the legal adviser.

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