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Publishers find the AI era not all that lucrative
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We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Information / Jessica Toonkel / Oct 4, 2021
The sports news site had $73 million in revenue over the same period. The Athletic, which has been looking for a buyer but has talked to media firms like The New York Times and Axios without getting to a deal, recently tapped boutique bank LionTree to explore a sale of the company. It is looking for a price tag of more than $750 million.
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