Deadspin, the irreverent sports website that was all but shut down by a mass exodus of New York staffers in October, is moving to Chicago to relaunch under the same roof as the co-owned humor site, The Onion.
The Chicago Tribune reports the decision by G/O Media follows a months-long standoff between the digital media publisher and the union representing the more than 20 writers and editors who resigned in protest over the website’s direction under private equity ownership.
“In order to restart Deadspin as soon as possible, we have decided to move Deadspin within our corporate structure to be part of our properties based out of Chicago, where we believe we will be able to more quickly rebuild our staff, relaunch the site and help ensure its long-term success,” G/O Media said in a statement.
G/O Media, formerly Gizmodo Media Group, is an assemblage of popular websites that also includes The A.V. Club, Jalopnik, Jezebel and The Root.
Boston-based private equity firm Great Hill Partners bought the digital media portfolio from Spanish-language broadcaster Univision for an undisclosed price in April, installing former Forbes.com CEO and magazine executive Jim Spanfeller as CEO.
No comments:
Post a Comment