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??
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 like who owns them, where they're 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??
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 to 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 like who owns them, where they're 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??
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 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 to 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 like who owns them, where they're 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??
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 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 to 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 like who owns them, where they're 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?
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 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 to 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?