Nonetheless, subscriptions have risen to over three million users, up by nearly two million since the acquisition amid sustained growth. In fact, The Athletic laid off 4% of its newsroom last month in a drastic shift in its coverage plans, favoring quality over quantity. The vertical has yet to finish a quarter with an operating profit and lost $7.8 million in the first quarter of the year. Readers of the newspaper will now receive coverage from The Athletic staff, who also receive complementary online access to the platform as part of their subscription. “Under our plan, the digital homepage, newsletters, social feeds, the sports landing page and the print section will draw from even more of the approximately 150 stories The Athletic produces each day chronicling leagues, teams and players across the United States and around the globe.” “We intend to utilize The Athletic - which has among the largest sports newsrooms in the world - to provide Times readers with a greater abundance of sports coverage than ever before,” the company stated. There are currently no layoffs planned at the company rather, this is a restructuring of ongoing roles. Furthermore, other reporting niches will create beats focused on topics within the larger scope of sports, such as the business genre tackling money and power in sports. The current sports staff, which includes nearly 35 journalists and editors, will not be losing their jobs instead, they will be transitioned to work in other areas at the granular publication. As the newspaper business continues to change with emphasis placed upon digital means of dissemination, the venerable national outlet is now terminating the existence of its own sports department entirely. Initially, terms of the deal outlined the separate operation of the digital sports publication from the existing sports section at The New York Times newspaper. The New York Times Company purchased The Athletic for $550 million in the first fiscal quarter of 2022 in an all-cash deal.
Sulzberger wherein they asked if their jobs were in jeopardy. On Sunday, 28 members of The New York Times sports department sent a letter to executive editor Joseph Kahn and The New York Times Company chairman A.G. The Athletic, which recently eliminated 20 positions within the company, recently refined its sports coverage to focus on storytelling and quality over quantity. One of the nation’s largest newspapers is set to change the way it covers sports and could set a blueprint going forward in order to cut costs.
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