G/O Media has sold Deadspin to a European media company who will not be keeping any of the long-running sports news outlet’s current staff, the company told employees in a memo on Monday.

“Recently we were approached by the European firm Lineup Publishing expressing interest in purchasing Deadspin to add to their growing media holdings,” read the staff-wide memo from CEO Jim Spanfeller to all G/O employees. “Lineup Publishing is a newly formed digital media company described in their words as ‘dedicated to creating, acquiring and managing high quality media brands across a variety of sectors.’”

The memo continued: “After careful consideration, the G/O Media board of directors has decided to accept their offer. I do want to make it clear that we were not actively shopping Deadspin. The rationale behind the decision to sell included a variety of important factors that include the buyer’s editorial plans.”

Lineup Publishing will “not carry over any of the site’s existing staff and instead build a new team more in line with their editorial vision for the brand,” the staff-wide note added. “While the new owners plan to be reverential to Deadpin’s unique voice, they plan to take a different content approach regarding the site's overall sports coverage. This unfortunately means that we will be parting ways with those impacted staff members.”

This is a developing story...

QOSHE - G/O Media Sells Off Deadspin to Be Entirely Gutted - Justin Baragona
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G/O Media Sells Off Deadspin to Be Entirely Gutted

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11.03.2024

G/O Media has sold Deadspin to a European media company who will not be keeping any of the long-running sports news outlet’s current staff, the company told employees in a memo on Monday.

“Recently we were approached by the European firm Lineup Publishing expressing interest in purchasing Deadspin to add to their growing media holdings,” read the........

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