Deadspin pivots to non-sports coverage as owners demand shift to sports

https://twitter.com/AndyBCampbell/status/1189215243454636032

by moltensodium • 7 years ago

6 3 7 years ago

raydev• 7 years ago

Good on the journalists still there.

What's crazy about this situation is that the site was already successful. Some rich people bought a website with an audience so they could extract money from it, but apparently didn't understand the concept of "devoted team."

exogeny• 7 years ago

Deadspin, on it's own, was and is a profitable vertical. This story is completely about mismanagement and an unbelievably dumb calculation of believing the strength of a media brand is unrelated to its contributors. Further, don't ever confuse private equity for something more than it is: in nearly all cases, it's designed to suck out blood, saddle it with debt, and leave things in ruins. Ask Sears.

Please read this for more background: https://theconcourse.deadspin.com/the-adults-in-the-room-183...

It's an absurd and ridiculous shame what is happening to them, and while I know this is HN and HN is connected to YC, that thin-skinned vampire Thiel is at lease partially to blame.

linksnapzz• 7 years ago

"Partially to Blame"

Blame is the wrong word I think...I would say "partially to thank" for ridding the media world of Nick Denton's coin-op libel mill, which had been tempting fate for years.

Deadspin pivots to non-sports coverage as owners demand shift to sports

Related Stories