"The Messenger: A Short-Lived News Startup Closes Its Doors"
TL;DR Summary
The Messenger, a news website that aimed to revolutionize the media industry, is set to close less than a year after its launch, making it one of the biggest failures in online news history. Despite ambitious plans to hire hundreds of journalists and generate $50 million in revenue, the startup's collapse represents a significant setback for the news industry, which has been grappling with ongoing cutbacks. The company's founder, Jimmy Finkelstein, had envisioned The Messenger as a nonpartisan voice in American news, but the venture, backed by $50 million in investments, ultimately fell short of its lofty goals.
- The Messenger to Close After Less Than a Year The New York Times
- News startup The Messenger shuts down after pricey launch Semafor
- The Messenger fighting to avoid shutdown as CEO scrambles to secure funding: sources New York Post
- Startup news site The Messenger shutters less than a year after its launch NBC News
- The Messenger is shutting down Axios
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