This week, the New York Times paid more than half a billion dollars for a sports news start-up founded only five years ago. The paper also lost one of its star columnists, Ben Smith, who is trying his luck with his own news moonshot.Both moves are emblematic of the times in digital media. In a sector that had been littered with failed dreams and pessimism, a fresh wave of hopefuls are fuelling what some executives say is the most significant period of change in years.
Origen: New cohort of media start-ups focus on paying readers, not page clicks | Financial Times
