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Peter Kafka @pkafka

Past performance doesn’t predict future etc. But, a reminder: *NYT bought Boston Globe for $1.1 billion. Sold for $70 million. *NYT bought https://t.co/KEBEck8MKr for $410 million. Sold for $300 million. — PolitiTweet.org

Vox @voxdotcom

The logic, and risk, behind the $550 million NYT/Athletic Deal https://t.co/SK9qIh7629

Posted Jan. 6, 2022
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Peter Kafka @pkafka

Downside: Athletic burns $$$ and needed a buyer or an investor - which is why deal is the same valuation as their last funding round. And $500 per subscriber is not cheap for the NYT. Needs to feel very confident they can boost Athletic’s numbers/reduce cost. — PolitiTweet.org

Posted Jan. 6, 2022
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Peter Kafka @pkafka

Upsides: Times gets an entirely new sub business it can bundle with NYT. And NYT bundle should help Athletic with its churn problem - subs who stop paying/reading when their team/sport isn’t playing. — PolitiTweet.org

Posted Jan. 6, 2022
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Peter Kafka @pkafka

Chocolate/peanut butter or marriage of convenience? Yes. — PolitiTweet.org

Vox @voxdotcom

The logic, and risk, behind the $550 million NYT/Athletic Deal https://t.co/SK9qIh7629

Posted Jan. 6, 2022
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Peter Kafka @pkafka

@phkeane Sure but if they had other options they wouldn’t be selling for $550. — PolitiTweet.org

Posted Jan. 6, 2022
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Peter Kafka @pkafka

The all-cash component is raising a lot of eyebrows. — PolitiTweet.org

Sara Fischer @sarafischer

NEW: Confirming @jtoonkel scoop: @nytimes to acquire @TheAthletic for $550 million in cash — The Athletic co-found… https://t.co/m2aavOPFCE

Posted Jan. 6, 2022
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Peter Kafka @pkafka

RT @jtoonkel: Wondering what @blackstone @KevinMayer @TomStaggs are doing?! A few tidbits from my piece -gaming, social media, commerce on… — PolitiTweet.org

Posted Jan. 6, 2022 Retweet
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Peter Kafka @pkafka

And talked to @eringriffith about waking up in the middle of the night, day after day, to cover the Holmes/Theranos trial. https://t.co/PTVUyg2iaj https://t.co/Lxy4SbV8sU — PolitiTweet.org

Posted Jan. 6, 2022
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Peter Kafka @pkafka

Talked to @oliverdarcy about the way the Fox/Bannon/Bonginosphere covers - and doesn’t cover - 1/6. https://t.co/PTVUyg2iaj https://t.co/8xQxWTBDRJ — PolitiTweet.org

Posted Jan. 6, 2022
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Peter Kafka @pkafka

Last spring: I got vaxxed two weeks ago so now I can go out for drinks again. Now: I got Omicron two weeks ago so now I can go out for drinks again, again. — PolitiTweet.org

Posted Jan. 5, 2022
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Peter Kafka @pkafka

RT @SwatiGauri: Congrats to @SamOltman and @EmilyStewartM on their promotions!! Two stars who continue to shine ✨https://t.co/8lrIaXT0Bw — PolitiTweet.org

Posted Jan. 5, 2022 Retweet
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Peter Kafka @pkafka

RT @ranimolla: Looks like we're finally entering precedented times. Company earnings transcripts with the word "unprecedented," via @Sentie… — PolitiTweet.org

Posted Jan. 5, 2022 Retweet
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Peter Kafka @pkafka

Don’t. Go. To. CareCube. — PolitiTweet.org

New York Magazine @NYMag

Three former employees of CareCube, an upstart chain of New York City doctor’s offices, say that the company lied t… https://t.co/QQAsxlpyNv

Posted Jan. 5, 2022
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Peter Kafka @pkafka

Actual @benyt: “The accordions accordion. The pendulum swings.” — PolitiTweet.org

Vox @voxdotcom

The New York Times’ Ben Smith had one of the coolest jobs in journalism. So why did he quit? https://t.co/qxxaocXeyd

Posted Jan. 5, 2022
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Peter Kafka @pkafka

RT @DylanByers: Lot of folks keep treating the Smiths project like a big mystery. It’s not—it’s a global news org, hundreds of journalists,… — PolitiTweet.org

Posted Jan. 4, 2022 Retweet
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Peter Kafka @pkafka

RT @AlexThomp: .@benyt to @DylanByers: "“The era of social media journalism is basically coming to an end, and there’s a question of what’s… — PolitiTweet.org

Posted Jan. 4, 2022 Retweet
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Peter Kafka @pkafka

@JBFlint @benyt Coming right up! — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

RT @JacquiHeinrich: Amazing temperament for a man who just spent 27 hours in gridlock — PolitiTweet.org

Posted Jan. 4, 2022 Retweet
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Peter Kafka @pkafka

If you don’t speak crypto/web3: OpenSea is the eBay/Airbnb marketplace for NFTs - where you’d go to buy and sell digital ape cartoons. @katie_haun is crypto specialist who recently left vc fund A16Z. — PolitiTweet.org

Eric Newcomer @EricNewcomer

SOURCES: OpenSea Eyes $13 Billion Valuation https://t.co/3fQLL4nUqe

Posted Jan. 4, 2022
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Peter Kafka @pkafka

Good tweets everyone! — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

@jason_pontin @lpolgreen Nope not at all. Just say what the thing is. (Especially if your new thing’s brand is excellent journalism, not hand-wavy puffery. — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

@lpolgreen Ding ding — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

More power to Justin but I sure hope his new premium news business doesn’t run quotes like that without context. — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

“My plan is to launch a premium news business that serves unbiased journalism to a global audience and provides a high-quality platform for the best journalists in the world,” says the man leaving a job running a premium news business staffed by excellent journalists. — PolitiTweet.org

Ben Mullin @BenMullin

SCOOP: Bloomberg Media CEO Justin Smith is stepping down to start his own media company https://t.co/uW5ULPXXP9

Posted Jan. 4, 2022
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Peter Kafka @pkafka

@ranimolla Obviously they should just post on Twitter. — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

@hsmittman @sarafischer 😐 — PolitiTweet.org

Posted Jan. 4, 2022
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Peter Kafka @pkafka

RT @twittner: My god. https://t.co/3EZWwGQ9se — PolitiTweet.org

Posted Jan. 3, 2022 Retweet
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Peter Kafka @pkafka

@LetColorsFly @Recode @Google Thanks we will check it out — PolitiTweet.org

Posted Jan. 3, 2022
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Peter Kafka @pkafka

@HellKisa Thanks we will check it out. — PolitiTweet.org

Posted Jan. 3, 2022
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Peter Kafka @pkafka

@chriseaster Thanks. We will check it out. — PolitiTweet.org

Posted Jan. 3, 2022