Late last year, sports media website Deadspin shut down. It now appears as though the company will relaunch once again, but is halting negotiations with union-represented employees seeking changes to the company’s “collective bargaining agreement’s editorial independence provisions.”
In November New York Magazine’s Intelligencer reported that Deadspin was purchased by Great Hill Partners – a private-equity firm – six months before the resignations/layoffs. After the purchase, the website appeared to be going downhill when it was allegedly doing just fine before. Great Hill had acquired the Gizmodo Media Group (now known as G/O) after Gawker Media collapsed due to its publication of sensitive information on Hulk Hogan, who sued the outlet with the help of Peter Thiel and won.
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