"Deadspin Sold to European Firm, Entire Editorial Staff Laid Off"
TL;DR Summary
Deadspin, a popular sports website, has been sold to European startup Lineup Publishing, resulting in the entire editorial staff being laid off with no notice. The new owners plan to build a new team in line with their editorial vision, leaving staff members in New York, Chicago, and Los Angeles affected. This comes amid a trend of layoffs across sports media, with Barstool CEO Dave Portnoy celebrating the news. The website's history includes being part of Gawker, sold to Univision, and then to G/O Media in 2019.
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