---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-004587"
form_type: "8-K"
ticker: "NYT"
cik: "0000071691"
company_name: "NEW YORK TIMES CO"
filed_at: "2022-01-07T23:59:59+00:00"
generated_at: "2026-06-27T20:00:44.572156+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NYT to acquire The Athletic for $550M cash; closes Q1 2022

## Summary
- Purchase price of $550M all cash; The Athletic had 1.2M subscribers as of Dec 2021.
- Expected to close in Q1 2022; founders Alex Mather and Adam Hansmann remain as co-presidents.
- Deal immediately accretive to NYT revenue growth; dilutive to operating profit for ~3 years, then accretive.
- The Athletic will operate as a separate subsidiary reporting to NYT's David Perpich.

## SEC filing metadata
- accession: 0001193125-22-004587
- form_type: 8-K
- ticker: NYT
- cik: 0000071691
- company_name: NEW YORK TIMES CO
- filed_at: 2022-01-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71691/000119312522004587/0001193125-22-004587-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71691/000119312522004587/d269434d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-004587
- JSON: https://secwatch.observer/filing/0001193125-22-004587.json
- Plain text: https://secwatch.observer/filing/0001193125-22-004587.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.