First of all, let me say this: The Bleacher Report, a collection of blogs about sports (the specific blog I follow is all about soccer), is nothing like the New York Times. The NYT is the prime rib of news, and the Bleacher Report is a chili burger. It's still really good, but the the prime rib is just on a completely different level. The audience for each news source can be compared as well. The stereotypical NYT reader is a big word using writing-fanatic typically with a Mac. The stereotypical Bleacher Report is a past soccer player who has either: gotten old/out of shape or a soccer fan.
As far as function, the NYT and the Bleacher Report are a part of a press sphere. They both use their sources to present a story. The difference is in the writing and the presentation. The NYT is a higher level of writing and is more difficult to read than the Bleacher Report. The Bleacher Report has a lot of pictures and is very simple to read and comprehend. I mean, it's a sports blog. It has to be easy to read.
I like the cooking metaphor. Other ways to expand upon that include thinking about the ingredients (of the Times and Bleacher: what makes up their stories) and of customer appetite, i.e., audience.
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