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The Messenger, which aims to “rekindle your passion for media” and generate $100 million in revenue in its first year, is acquiring Grid.
It might not be as mustache-twirling a villain as Alden Global Capital, but its enormous scale has meant enormous losses for local journalism.
The world’s power brokers are investing desperately in the games industry, but games media is another story entirely.
“It’s like [management] is cutting up a car and using the pieces for parts.”
Transparency is a tricky thing in an industry that runs on a scarcity mindset.
“In this vision, the community librarian facilitating conversations around authoritative, trusted digital news is as celebrated as the dogged reporter pursuing a scoop.”
BDG CEO Bryan Goldberg called Gawker “a pre-monetization product,” but the brand is really old in internet years.
When staff at the Pittsburgh Post-Gazette walked off the job 100 days ago, they became the first newspaper to strike in decades. They’ve already been followed by more.
Times journalists join employees at the Pittsburgh Post-Gazette, many of whom have been on strike since October, and at The Fort Worth Star-Telegram, who have been on strike since November 28.