v3.25.2
SEGMENT INFORMATION - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]          
Total revenues $ 685,873   $ 625,097 $ 1,321,783 $ 1,219,112
Cost of revenue (excluding depreciation and amortization) 338,779   322,774 673,416 639,641
Sales and marketing 69,165   61,303 135,124 126,437
Product development 63,940   62,220 130,479 125,405
Adjusted general and administrative 80,214   74,100 156,291 146,875
Total adjusted operating profit (loss) 133,775   104,700 226,473 180,754
Other components of net periodic benefit costs 4,639   1,023 9,277 2,074
Depreciation and amortization 21,396   20,537 42,774 41,243
Severance 1,000   1,473 3,607 5,901
Multiemployer pension plan withdrawal costs 1,338   1,297 2,567 2,909
Generative AI Litigation Costs 3,490   1,983 7,887 2,972
Multiemployer pension plan liability adjustment 0 $ 4,500 0 4,453 0
Interest income and other, net 9,752   8,696 19,724 17,083
Income before income taxes 111,664   87,083 175,632 142,738
Subscription          
Segment Reporting Information [Line Items]          
Total revenues 481,420   439,322 945,677 868,327
Advertising          
Segment Reporting Information [Line Items]          
Total revenues 133,974   119,163 242,050 222,874
Affiliate, licensing and other          
Segment Reporting Information [Line Items]          
Total revenues 70,479   66,612 134,056 127,911
Operating Segments | NYTG          
Segment Reporting Information [Line Items]          
Total revenues 632,397   585,156 1,221,310 1,142,551
Cost of revenue (excluding depreciation and amortization) 309,273   298,419 616,533 590,875
Sales and marketing 62,566   54,457 122,548 109,938
Product development 53,810   53,579 111,059 108,444
Adjusted general and administrative 78,761   71,599 153,361 141,446
Total adjusted operating profit (loss) 127,987   107,102 217,809 191,848
Operating Segments | The Athletic          
Segment Reporting Information [Line Items]          
Total revenues 54,038   40,504 101,598 77,686
Cost of revenue (excluding depreciation and amortization) 30,068   24,918 58,008 49,891
Sales and marketing 6,599   6,846 12,576 16,499
Product development 10,130   8,641 19,420 16,961
Adjusted general and administrative 1,453   2,501 2,930 5,429
Total adjusted operating profit (loss) 5,788   (2,402) 8,664 (11,094)
Operating Segments | Subscription | NYTG          
Segment Reporting Information [Line Items]          
Total revenues 446,809   410,015 878,329 811,386
Operating Segments | Subscription | The Athletic          
Segment Reporting Information [Line Items]          
Total revenues 34,611   29,307 67,348 56,941
Operating Segments | Advertising | NYTG          
Segment Reporting Information [Line Items]          
Total revenues 119,910   112,088 217,568 210,092
Operating Segments | Advertising | The Athletic          
Segment Reporting Information [Line Items]          
Total revenues 14,064   7,075 24,482 12,782
Operating Segments | Affiliate, licensing and other | NYTG          
Segment Reporting Information [Line Items]          
Total revenues 65,678   63,053 125,413 121,073
Operating Segments | Affiliate, licensing and other | The Athletic          
Segment Reporting Information [Line Items]          
Total revenues 5,363   4,122 9,768 7,963
Intersegment Eliminations          
Segment Reporting Information [Line Items]          
Total revenues (562)   (563) (1,125) (1,125)
Cost of revenue (excluding depreciation and amortization) (562)   (563) (1,125) (1,125)
Sales and marketing 0   0 0 0
Product development 0   0 0 0
Adjusted general and administrative 0   0 0 0
Total adjusted operating profit (loss) 0   0 0 0
Intersegment Eliminations | Subscription          
Segment Reporting Information [Line Items]          
Total revenues 0   0 0 0
Intersegment Eliminations | Advertising          
Segment Reporting Information [Line Items]          
Total revenues 0   0 0 0
Intersegment Eliminations | Affiliate, licensing and other          
Segment Reporting Information [Line Items]          
Total revenues $ (562)   $ (563) $ (1,125) $ (1,125)