Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Added by PressForward
Private-equity firm Great Hill Partners has agreed to acquire Gizmodo Media Group from Univision Communications Inc., the companies said, ending the Spanish-language broadcaster’s foray into English-language digital media. James Spanfeller, the former chief executive of Forbes.com and president of consumer magazines at digital publisher Ziff Davis, will become chief executive of G/O Media Inc., a…
Illustration: Jim Cooke (GMG) A year ago today, my brilliant predecessor, Dodai Stewart, announced our little blog’s existence with a rhetorical question that also served as a philosophical one: “What the Hell Is Splinter?” The question could just as easily have been: How (and why) the hell do you start a new website in 2017?…
Illustration: Jim Cooke This is the story of how corporate raiding, complacency, excess, and incompetence are gutting a media company that matters to tens of millions of people. It’s not a novel story, and perhaps not even scandalous by the standards of corporate opulence: A shark-obsessed boss, millions wasted on consultants, and an executive who…
Photo Periodicals on hand in late April 2015 at Gawker Media’s former offices in New York’s SoHo neighborhood. Credit Jesse Dittmar for The New York Times. The end of Gawker Media as an independent company is near. Under financial pressure from a $140 million legal judgment in an invasion-of-privacy lawsuit by the former wrestler Hulk…