Starting & Spreading Rumors: Josh Hallett of Hyku, Inc. in Talks with New York Times for Content Deal

+ Posted by Josh Hallett on 10.06.05 // 12:59 PM

There are 'confirmed' things such as the Weblogs, Inc./AOL deal and then the un-confirmed things like Dave Winer/Weblogs.com sale to Verisign, Gawker/News Corp. and then the SixApart/NewsCorp meme. What's great is Nick Denton points to the source of the Gawker rumor. Perhaps the SixApart folks were also 'talking' at a party.

With all these rumors going around I figured I'd set the record straight on the New York Times rumor.

I have been in low-level talks with the New York Times on a content deal. I was contacted by the NYT to find out if I was interested in subscribing to their newspaper. We're still working out the financial details, but it looks like I might enter into a 9-week content deal with them. It will most likely be an all-cash deal. The NYT will benefit from increased circulation while I will gain valuable knowledge and 'first-look' at NYT content via their paperboy delivery channel.

Update: In the mail today I received competing offers from Newsweek and L.L. Bean. Looking closely though, the L.L. Bean offer is product only, no cash. This is going to be a tough decision.

Visitor Comments

comedy. pure comedy.

Wonderful! Delightfully del.icio.us discernment.

How 1960's of you to get the paper version. Geez, I expect more.

have to say this made my day ...

Oddly there wasn't the same media attention to my news as there was to Dave Winer and Weblogs Inc. :-)

I love it!
And then there's the amazing quantity of offers laid at your feet when standing at the Barnes & Noble magazine rack - Literally falling on top of each other as you open each magazine...

I'm in a similar situation with several media companies, and a communications firm that is offering to renew my connectivity contract for my mobile, programmable communications device.

I'm not ready to handle any media inquiries about my situation yet, so I'm keeping things pretty hush-hush.

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Linking Blogs

Listed below are links to weblogs that reference Starting & Spreading Rumors: Josh Hallett of Hyku, Inc. in Talks with New York Times for Content Deal:

» And the chips continue to fall... from The Media Drop
With all the hubbub and M&A activity going on in the world of weblogs this week, Josh Hallett thought it wise to be completely transparent as to some potential content deals he was working on.... [Read More]

» Media Orchard Is in Talks With ... Um, No One from Media Orchard
The so-called Mainstream Media (MSM) takes a lot of grief from bloggers for distributing inaccurate information. But while the MSM isn't perfect, the reality is that the blogger explosion has dramatically increased the volume of unsubstantiated rumor... [Read More]

» More Web 2.0 Deal Rumors from Texas Venture Capital Web 2.0 Blog
Josh Hallett reports that he is working on a content deal with the New York Times as well as Newsweek and L.L. Bean.  October has been a busy month for the Web 2.0 space and Josh’s recent deal flow is just one more example of how the space ... [Read More]

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