Oct 10, 2019

Gawker's successor Splinter to shut down after 2 years

Online media outlet Splinter is shutting down after nearly 2 years as a result of low readership, reports The Daily Beast.

Why it matters: Splinter, which is operated by G/O Media, took the place of media gossip blog Gawker after it was also forced to shut down following a legal battle with former wrestler Hulk Hogan. The left-leaning Splinter focused on politics and media and was often critical of mainstream media outlets.

What's next: G/O Media editorial director Paul Maidment told Splinter staff that he will try to relocate as many people as possible to a different branch of the company.

  • Yes, but: Some of Splinter's editorial leadership have taken to Twitter to look for new opportunities.

Go deeper: The media industry's struggle to find a sustainable business model

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Warren takes aim at private equity after Splinter shutdown

Illustration: Sarah Grillo/Axios

Private equity's newest political headache came last Thursday when G/O Media shut down Splinter, a left-wing publication with 7 full-time employees. One day later, Elizabeth Warren placed the blame squarely on G/O Media owner Great Hill Partners.

Why it matters: Warren does have a plan to change private equity, but it wouldn't directly impact Great Hill Partners' ownership of G/O Media.

Go deeperArrowOct 15, 2019

Three thoughts from Bernie Sanders' take on Deadspin

Bernie Sanders. Photo: Mandel Ngan/AFP via Getty Images

Bernie Sanders Thursday night tweeted support for the Deadspin journalists who resigned en masse, in protest of a management edict that their coverage stick exclusively to sports:

Go deeperArrowNov 1, 2019

Trump's 2016 online advantages persist and grow ahead of 2020

Illustration: Aïda Amer/Axios

The same media trends that led to President Trump's unexpected victory in 2016 are growing even stronger leading up to 2020.

Why it matters: Even amid a historic impeachment process, these patterns suggest Trump could have a significant media advantage over Democrats leading up to 2020 — though there's no guarantee that the end result will be the same.

Go deeperArrowOct 22, 2019