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NY Times Paying $30M For Consumer Guide 'The Wirecutter'

  • Re/code, Monday, October 24, 2016 2:07 PM
The New York Times is buying online consumer guide The Wirecutter for about $30 million, Recode reports, citing sources. “Brian Lam, a former editor at Gawker Media’s Gizmodo, founded The Wirecutter in 2011, and has self-funded the company’s growth,” Recode writes. “The Wirecutter provides recommendations for electronics and other gadgets that are both obsessively researched and simply presented.”

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