NEW YORK – The New York Instances is disbanding sports activities division and can depend on protection from The Athletic, a web site it acquired final yr for $550 million.
The choice impacts greater than 35 folks within the sports activities division, in response to The New York Instances Journalists on the sports activities desk will transfer to different roles throughout the newsroom and no layoffs are deliberate.
“Although we all know this choice can be disappointing to some, we imagine it’s the proper one for readers and can enable us to maximise the respective strengths of The Instances’s and The Athletic’s newsrooms,” New York Instances Co. Chairman A.G. Sulzberger and CEO Meredith Kopit Levien wrote Monday in a letter to employees.
They are saying sports activities protection can be expanded below the shift.
“Below our plan, the digital homepage, newsletters, social feeds, the sports activities touchdown web page and the print part will draw from much more of the roughly 150 tales The Athletic produces every day chronicling leagues, groups and gamers throughout the USA and across the globe,” they wrote.
The New York Instances Co. introduced early final yr that it was shopping for The Athletic as a part of a method to increase its viewers of paying subscribers at a time when the newspaper print adverts enterprise continues to fade
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