
KEY POINTS
Amazon has signed a multiyear licensing deal with The New York Times valued at $20 million to $25 million annually.
The agreement gives Amazon the right to use Times content—including The Athletic and NYT Cooking— to train AI models and enable features on Alexa.
The payout represents nearly 1% of The New York Times’ 2024 annual revenue.
This deal is one of the most visible examples of how much tech giants are willing to pay for high-quality journalism to power AI.