The New York Times Company announced Thursday its agreement to purchase The Athletic, a sports media company, for $550 million.
The acquisition will help The New York Times reach its goal of having 10 million subscriptions by 2025, according to a company press release.
The Athletic charges a monthly subscription and provides coverage of over 200 sports clubs and teams both in the U.S. and around the world.
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Former President Donald Trump filed a $100 million lawsuit against The New York Times and his niece Mary Trump on Tuesday, alleging his confidential tax documents were improperly shared.
The lawsuit, which was filed in the New York Supreme Court, alleged that New York Times reporters Susanne Craig, David Barstow and Russell Buettner pressured Mary Trump to share the former president’s tax documents for an article they were working on in 2018, the Associated Press reported.
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The New York Times bungled an attempted hit piece on The Star News Network and the Georgia Star News, and was forced to make several corrections within hours of the story’s publication on Tuesday.
The Times, however, failed to make all the factual corrections requested by Star News Digital Media, which owns and operates the Georgia Star News, part of its Star News Network.
“Misinformation ‘Superspreaders’ Target Georgia Senate Races,” said a hyperbolic headline in the once-serious “paper of record.”
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John Durham, the U.S. attorney investigating aspects of the Trump-Russia probe, has sought notes that former British spy Christopher Steele took during his interviews in 2016 with the FBI regarding a since-debunked dossier he penned that accused the Trump campaign of colluding with the Russian government.
An FBI agent who took part in one of the interviews with Steele told Justice Department investigators that the ex-spy “clearly … wasn’t truthful” regarding his contacts with members of the media.
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The Trump campaign announced Wednesday it has filed a lawsuit claiming The New York Times knowingly libeled the president when the paper reported as fact a conspiracy to “collude” with Russia.
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