"The Messenger: A Short-Lived Startup Shuts Down"

1 min read
Source: NBC News
"The Messenger: A Short-Lived Startup Shuts Down"
Photo: NBC News
TL;DR Summary

The Messenger, a startup digital news website launched in May, is shutting down due to financial difficulties, leaving employees without severance and health coverage. The outlet, which promised non-partisan news coverage, failed to secure sufficient capital to reach profitability. The decision comes after reports of potential shutdown and failed attempts to secure new revenue. The closure adds to a string of recent media layoffs, including those at The Los Angeles Times, Forbes, Time, Sports Illustrated, Tech Crunch, NBC News, and Business Insider.

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