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The Awl is a New York-based blog that covers media, culture, and politics.
The site was founded in April 2009 by ex-Gawker writers Choire Sicha and Alex Balk and former Radar employee David Cho. The site has an irreverent tone similar to Gawker’s, though at its launch, it was intended as an alternative to Gawker’s emphasis on traffic, search-engine optimization and counterintuitive tone. Cho left for Grantland in 2011, and Sicha and Balk passed the day-to-day operations of the site on John Herrman and Matt Buchanan in 2014.
It is supported by advertising, and in June 2010, it announced plans to expand into a network of sites, which now includes the comedy focused site Splitsider and The Hairpin, a site focused on women. The network drew a combined 2 million monthly visitors in 2011. The website, which relies on contributions from various writers, has also begun a profit-sharing system where each month’s authors receive a small compensation.
Bloomberg Businessweek is a weekly business magazine founded in 1929. It had historically been named Business Week but was relaunched as Bloomberg Businessweek in 2010 after McGraw-Hill sold the magazine to Bloomberg for a reported $2 million-$5 million. Bloomberg Businessweek began facing financial uncertainty in the late 2000s as advertising revenues dropped and circulation declined. By 2009…