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'''G/O Media Inc.''' is a media company that runs '']'', '']'', '']'', '']'', '']'' and other sister websites. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from ] for $20.6 million.<ref>{{Cite web|url=https://s2.q4cdn.com/417187916/files/doc_financials/2019/Q2/FINAL-UCI-Q2-2019-Reporting-Package.pdf#page=20|title=UNIVISION COMMUNICATIONS INC. AND SUBSIDIARIES 2019 Second Quarter Reporting Package|last=|first=|date=June 30, 2019|website=Univision Communications Inc. - Financial Reports - Quarterly Reports|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Prior to the sale, the former ] properties had operated as ] after being acquired by Univision following the conclusion of the ] lawsuit and subsequent bankruptcy in 2016.<ref>{{cite web |url=https://www.reuters.com/article/us-gawker-bankruptcy-auction-idUSKCN10R2IV |title= Univision to buy Gawker out of bankruptcy for $135 million |last1=DiNapoli |first1=Jessica |date=August 17, 2016 |publisher=Reuters |access-date=August 18, 2016}}</ref><ref>{{Cite web |last1=Sinclair |first1=Brendan |title=Univision sells Gizmodo Media Group |work=] |date=2019-04-08 |url=https://www.gamesindustry.biz/articles/2019-04-08-univision-sells-gizmodo-media-group |accessdate=2019-07-28 |df=mdy-all }}</ref><ref>{{Cite web |last1=Adams |first1=Robert N. |title=Gizmodo sold to Great Hill Partners, forming G/O Media |work=] |date=2019-04-08 |url=https://www.gamerevolution.com/news/521825-gizmodo-sold-great-hill-partners |accessdate=2019-07-28 |df=mdy-all }}</ref> Former '']'' executive ] became the CEO of G/O Media.<ref>{{Cite news |last1=Tani |first1=Maxwell |title=Gizmodo Media Staff Enraged at New CEO’s ‘Insane’ Direction |work=] |date=2019-07-18 |url=https://www.thedailybeast.com/gizmodo-media-staff-enraged-at-new-ceos-insane-direction |df=mdy-all }}</ref> | '''G/O Media Inc.''' is a media company that runs '']'', '']'', '']'', '']'', '']'' and other sister websites. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from ] for $20.6 million.<ref>{{Cite web|url=https://s2.q4cdn.com/417187916/files/doc_financials/2019/Q2/FINAL-UCI-Q2-2019-Reporting-Package.pdf#page=20|title=UNIVISION COMMUNICATIONS INC. AND SUBSIDIARIES 2019 Second Quarter Reporting Package|last=|first=|date=June 30, 2019|website=Univision Communications Inc. - Financial Reports - Quarterly Reports|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Prior to the sale, the former ] properties had operated as ] after being acquired by Univision following the conclusion of the ] lawsuit and subsequent bankruptcy in 2016.<ref>{{cite web |url=https://www.reuters.com/article/us-gawker-bankruptcy-auction-idUSKCN10R2IV |title= Univision to buy Gawker out of bankruptcy for $135 million |last1=DiNapoli |first1=Jessica |date=August 17, 2016 |publisher=Reuters |access-date=August 18, 2016}}</ref><ref>{{Cite web |last1=Sinclair |first1=Brendan |title=Univision sells Gizmodo Media Group |work=] |date=2019-04-08 |url=https://www.gamesindustry.biz/articles/2019-04-08-univision-sells-gizmodo-media-group |accessdate=2019-07-28 |df=mdy-all }}</ref><ref>{{Cite web |last1=Adams |first1=Robert N. |title=Gizmodo sold to Great Hill Partners, forming G/O Media |work=] |date=2019-04-08 |url=https://www.gamerevolution.com/news/521825-gizmodo-sold-great-hill-partners |accessdate=2019-07-28 |df=mdy-all }}</ref> Former '']'' executive ] became the CEO of G/O Media.<ref>{{Cite news |last1=Tani |first1=Maxwell |title=Gizmodo Media Staff Enraged at New CEO’s ‘Insane’ Direction |work=] |date=2019-07-18 |url=https://www.thedailybeast.com/gizmodo-media-staff-enraged-at-new-ceos-insane-direction |df=mdy-all }}</ref> | ||
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== References == | == References == |
Revision as of 16:52, 4 November 2019
G/O Media Inc. is a media company that runs Gizmodo, Kotaku, Deadspin, Jezebel, The Onion and other sister websites. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from Univision for $20.6 million. Prior to the sale, the former Gawker Media properties had operated as Gizmodo Media Group after being acquired by Univision following the conclusion of the Bollea v. Gawker lawsuit and subsequent bankruptcy in 2016. Former Forbes executive Jim “Herb” Spanfeller became the CEO of G/O Media.
References
- "UNIVISION COMMUNICATIONS INC. AND SUBSIDIARIES 2019 Second Quarter Reporting Package" (PDF). Univision Communications Inc. - Financial Reports - Quarterly Reports. June 30, 2019.
{{cite web}}
: CS1 maint: url-status (link) - DiNapoli, Jessica (August 17, 2016). "Univision to buy Gawker out of bankruptcy for $135 million". Reuters. Retrieved August 18, 2016.
- Sinclair, Brendan (April 8, 2019). "Univision sells Gizmodo Media Group". GamesIndustry.biz. Retrieved July 28, 2019.
- Adams, Robert N. (April 8, 2019). "Gizmodo sold to Great Hill Partners, forming G/O Media". GameRevolution. Retrieved July 28, 2019.
- Tani, Maxwell (July 18, 2019). "Gizmodo Media Staff Enraged at New CEO's 'Insane' Direction". The Daily Beast.
Further reading
- Kelly, Keith J. (July 18, 2019). "New CEO of G/O Media ripped for bringing in 'older white guys'". New York Post. Retrieved July 28, 2019.
- Spangler, Todd (April 30, 2019). "G/O Media Lays Off 25 Staffers, After New CEO Said He Didn't Expect Layoffs at Former Gizmodo Media Group". Variety. Retrieved July 28, 2019.
External links
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