Websites like Jezebel revived feminism, showing the internet might have a re-radicalizing effect. Who will carry the torch?Jezebel is dead. After 16 years, the women’s news site, launched by Gawker Media under the editor Anna Holmes in 2007, shuttered for good this past week. Its most recent parent company, G/O Media, announced that the site was not sufficiently profitable and that it had not been able to find a buyer. The site’s closure will mean that its robust abortion coverage will cease; so will its investigations into sexual abuse and its feminist critiques of culture and politics. The entire Jezebel staff lost their jobs.There is one way to see the closing of Jezebel as a symptom of an ailing media business. Journalism layoffs have become something of a grim ritual, with dozens of talented, hardworking and well-sourced writers taking to social media to announce their need for new work whenever the industry turns the corner on a bad quarter. Media companies stumbled at the turn of the last century, when the advent of the internet made print advertising dramatically less profitable; they never recovered. Digital media arose, but has not been able to eke out sufficient profit growth as social media evolves and fractures, and traffic becomes harder to juice. Jezebel’s slow death over the past few years was exacerbated by the injection of private equity into the media industry, a medicine that has turned out to be worse than the disease. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2023-11-11 12:00:36 UTC ]
After a disappointing fourth quarter of 2010 (with $2.4 billion in transaction value) in the media industry, investment bank Berkery Noyes reports an upswing for first quarter 2011, to the tune of $13.8 billion in transactions. Berkery Noyes identified the largest transaction in the first... Continue reading at Folio Magazine
[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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Written By: Charlotte Williams John Blake has acquired world rights in the "candid, harrowing and often hilarious" autobiography of "Benidorm" actress Crissy Rock. Editor-in-chief Michelle Signore bought the rights through Ken Douglas at MCLA, with John Blake to publish on 12th March. This... Continue reading at The Bookseller
[ The Bookseller | 2011-01-31 00:00:00 UTC ]
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