All articles tagged with #go media
G/O Media is winding down its operations and has sold its last major site, Kotaku, to European publisher Keleops, leaving only The Root remaining among its properties, as the company and industry face ongoing challenges.
G/O Media sold the gaming news site Kotaku to European media company Keleops, which plans to expand its U.S. presence and focus on tech and pop culture, leaving G/O Media with only The Root. The move is part of Keleops' broader strategy to grow its media portfolio in the U.S., with plans for further acquisitions.
G/O Media has sold tech news website Gizmodo to European digital media company Keleops Media. The sale includes keeping Gizmodo's entire staff intact and represents a substantial premium from G/O Media's original purchase price. This move is part of G/O Media's ongoing divestment of former Gawker Media properties, which has included the sale of other sites like Deadspin, Jezebel, and The Onion. Keleops Media aims to strengthen its presence in the tech media industry with this acquisition.
G/O Media has sold the tech website Gizmodo to European media company Keleops Media. The financial details were not disclosed, but the sale was described as a substantial premium. Keleops Media will retain all Gizmodo staff, who will continue working from G/O Media's New York office for the near term. This sale follows G/O Media's recent divestments of other former Gawker Media sites.
Deadspin, a sports news and commentary site, has been sold to European firm Lineup Publishing, resulting in the layoff of its entire 11-person staff. This marks the latest change in ownership for Deadspin, which was previously part of G/O Media. The sale comes after G/O Media's acquisition of Gizmodo Media Group and The Onion in 2019. The move reflects the challenges in the sports journalism sector and the company's focus on prioritizing resources to meet the needs of readers and advertisers.
Deadspin, a sports news website, has been sold to Lineup Publishing, a European digital media company, by its owner G/O Media. The new owner will not be retaining any of Deadspin's existing staff members, and the staff will not be staying at G/O Media either. The sale comes amidst tough competition in the sports journalism sector, and the new owner plans to take a different content approach regarding the site's overall sports coverage.
Deadspin has been sold by G/O Media to Lineup Publishing, resulting in the entire staff being laid off. G/O CEO Jim Spanfeller stated that the decision to sell was influenced by Lineup's editorial plans, tough competition in sports journalism, and a premium valuation. The new owners have opted not to retain any existing staff and plan to build a new team aligned with their editorial vision, leading to immediate staff lockouts and departures.
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.
G/O Media has sold Deadspin to Lineup Publishing, a European media company, which will not retain any of Deadspin's current staff. The decision to sell was made by G/O Media's board of directors, and the new owners plan to take a different content approach regarding the site's overall sports coverage. This move comes amid criticism of G/O Media's CEO, Jim Spanfeller, for his handling of Deadspin and other former Gawker Media properties. The gutting of Deadspin follows the closure of other G/O Media outlets and the sale of LifeHacker.
Members of the Writers Guild of America East (WGAE) express devastation over the closure of Jezebel, a popular website under G/O Media, following unsuccessful attempts to sell the site. The closure comes as G/O Media lays off 23 staffers, including Jezebel's team, citing economic challenges and a difficult digital advertising environment. The WGAE criticizes G/O Media's management and highlights flaws in the ad-supported media model. G/O Media CEO Jim Spanfeller attributes the closure to a misalignment between Jezebel and the company's business model. The union also demands an end to AI-generated articles on G/O Media sites.
Jezebel, the influential feminist blog, is suspending operations and laying off its staff as its parent company, G/O Media, undergoes restructuring. Despite efforts to find a buyer for Jezebel, no suitable offers were found. G/O Media CEO, Jim Spanfeller, expressed the difficulty of the decision and emphasized that it was not a reflection on the editorial team. The broader restructuring will also result in layoffs across the company. The media industry continues to face challenges due to a weak advertising climate, leading to cost-cutting measures and layoffs across various companies.
G/O Media, the parent company of Jezebel, has indefinitely suspended the women's culture-focused website and laid off 23 employees. CEO Jim Spanfeller confirmed the layoffs and stated that the company's business model did not align with Jezebel's audience. Despite efforts to find a new home for Jezebel, no suitable buyer was found. The Writers Guild of America-East criticized G/O Media's decision, calling it a result of strategic and commercial ineptitude. G/O Media has faced turmoil and staff departures across its various publications, including Gizmodo, The Root, and Kotaku. The company has also faced criticism for its embrace of automation and allegations of discrimination and abuse.
Jezebel, a feminist news site owned by G/O Media, has been shut down after 16 years of publication, with 23 staff members laid off. The closure was announced in a memo by G/O Media's CEO, Jim Spanfeller, who cited a misalignment between Jezebel's business model and the company's overall audience. Efforts to find a new home for Jezebel were unsuccessful. The closure comes amidst a challenging time for US journalism, with Vice Media Group also announcing layoffs. Former Jezebel staffers and readers expressed their sadness and praised the site's impact on feminist journalism.
Jezebel, the feminist news and opinion website, is shutting down after 16 years due to a misalignment with G/O Media's business model and unsuccessful attempts to sell the site. The closure will result in the layoff of 23 editorial staffers. G/O Media CEO Jim Spanfeller expressed his admiration for Jezebel's editorial coverage but cited economic headwinds affecting the company's financial health. The shutdown has sparked criticism from former staff members and WGA East members, who blame G/O Media's strategic and commercial ineptitude.
James Whitbrook, deputy editor of G/O Media's Gizmodo and io9, criticized management for publishing a poorly written AI-generated article that was filled with basic errors. Despite protests from the GMG Union, G/O Media went ahead with its decision to introduce AI-generated content. Whitbrook expressed his frustration on Twitter, stating that no one at io9 was involved in editing or publishing the article, which he described as "fucking dogshit." The union called the decision unethical and unacceptable, urging readers not to click on articles with a byline ending in "Bot."