There was a good one in the Sunday Funnies last weekend about all the liberals learning to code. Turns out once they find out everything is based on binary they all just sit there and cry.
Some things to consider and let me state that I'm not a legal person so don't know what the particulars are surrounding this.
As far as the employees go, they've lost their income and perhaps will take a hit going forward in their careers due to a tarnished reputation. They'll likely end up in another leftist media organization, but those aren't doing so well these days and I don't see their decline ever reversing, tbh. One pays a price for getting in bed with the devil.
While I don't know their compensation packages, most smaller tech companies give employees stock options - in this case from deadspin or it's (now former) parent company G/O Media. That's a private equity-funded firm so probably not publicly traded shares. Do the employees have any stake in this sale? The head of deadspin was Will Leitch and what, if anything, will he get from the sale? Does G/O Media benefit from the sale and are they the ones who will bear the financial responsibility for the lawsuit levied against them? Will Leitch bear the financial burden or even a portion of it personally?
The current CEO of G/O Media, James Spanfeller, formerly of Forbes, had, interestingly, gone through a mass resignation of deadspin writers and editors as "no confidence" when he told them to stick to sports (and, presumably not social and/or political issues), this back in 2019. So they walked out five years ago. Now they've been booted out.
So does Spanfeller reap the rewards of the sale, but not incur liability?
The firm that purchased deadspin is Lineup Publishing, described as a European startup. There's no information on them such as who owns them, where their headquarters are, nothing other than "San Gwann" and "Malta" at the bottom of their site page. Curious...
And what, actually, did they buy? It's my understanding that deadspin is a blog. They didn't buy the talent, but laid them all off. Press privileges? Equipment? Contact info?
I would think the brand name has taken a hit (in it's reputation) due to this incident with the boy in face paint and headdress. I suppose they could try to resurrect it as "a platform once well-liked and now without the BS". It's risky picking up a tainted product, but they may be able to leverage the associated user base. In other words, if their user base were big spenders in advertising the deadspin marketing folks put out, the customer base would be considered valuable to other advertisers.
As a tech platform they'll have servers, perhaps a trove of history and, just as a theory, perhaps they used it to pass comms to others.
What do you think of the purchasing company (Lineup Publishing) "website"? That's a red flag IMHO. I guess we'll have to see how this one all works out.
u/#haha
Someone almost always beats me to this!! HAha!!
Nice win.
EO 13848 is active. Captured death cult operators are falling.
Now do the Colorado and Maine Secretaries of Constitutional Infringement!
ROFLMAO AND ROFLMAO AGAIN
That's a win!
Hope that kid is set for life! Hah! What an excellent win
Winning! Awesome!
Learn to code, faggots! (Oh wait... that's all been outsourced to AI these days...)
There was a good one in the Sunday Funnies last weekend about all the liberals learning to code. Turns out once they find out everything is based on binary they all just sit there and cry.
Took me a second there. Well played. KEK.
Woohoo!
Again?
Some things to consider and let me state that I'm not a legal person so don't know what the particulars are surrounding this.
As far as the employees go, they've lost their income and perhaps will take a hit going forward in their careers due to a tarnished reputation. They'll likely end up in another leftist media organization, but those aren't doing so well these days and I don't see their decline ever reversing, tbh. One pays a price for getting in bed with the devil.
While I don't know their compensation packages, most smaller tech companies give employees stock options - in this case from deadspin or it's (now former) parent company G/O Media. That's a private equity-funded firm so probably not publicly traded shares. Do the employees have any stake in this sale? The head of deadspin was Will Leitch and what, if anything, will he get from the sale? Does G/O Media benefit from the sale and are they the ones who will bear the financial responsibility for the lawsuit levied against them? Will Leitch bear the financial burden or even a portion of it personally?
The current CEO of G/O Media, James Spanfeller, formerly of Forbes, had, interestingly, gone through a mass resignation of deadspin writers and editors as "no confidence" when he told them to stick to sports (and, presumably not social and/or political issues), this back in 2019. So they walked out five years ago. Now they've been booted out.
https://en.m.wikipedia.org/wiki/Jim_Spanfeller
.
So does Spanfeller reap the rewards of the sale, but not incur liability?
The firm that purchased deadspin is Lineup Publishing, described as a European startup. There's no information on them such as who owns them, where their headquarters are, nothing other than "San Gwann" and "Malta" at the bottom of their site page. Curious...
https://variety.com/2024/digital/news/deadspin-staff-laid-off-site-sold-1235938325/
.
https://lineup-publishing.com/
.
And what, actually, did they buy? It's my understanding that deadspin is a blog. They didn't buy the talent, but laid them all off. Press privileges? Equipment? Contact info?
Cui Bono??
maybe they bought the brand-name and the value they believe it holds? not sure
I would think the brand name has taken a hit (in it's reputation) due to this incident with the boy in face paint and headdress. I suppose they could try to resurrect it as "a platform once well-liked and now without the BS". It's risky picking up a tainted product, but they may be able to leverage the associated user base. In other words, if their user base were big spenders in advertising the deadspin marketing folks put out, the customer base would be considered valuable to other advertisers.
As a tech platform they'll have servers, perhaps a trove of history and, just as a theory, perhaps they used it to pass comms to others.
What do you think of the purchasing company (Lineup Publishing) "website"? That's a red flag IMHO. I guess we'll have to see how this one all works out.
Hey ya ya ya