By closing less than a year after it launched, The Messenger is now one of the biggest busts in the annals of online news.
Category: Media
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Sundance Film Festival Ends With Plenty of Sales, Despite Slow Start
The festival, seen as a barometer for the overall health of the film industry, featured several movies and documentaries snatched up by studios and streaming services.
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Reneé Rapp’s ‘Mean Girls’ Press Tour Spurs Discourse Over Media Training
Reneé Rapp has been going off-script on the press circuit for “Mean Girls.” Maybe she lacks media training — and maybe that’s the point.
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Business Insider Laying Off 8% of Staff
In an internal note about the job cuts, the company’s chief executive cited its plan to shift focus solely to news coverage of business, tech and innovation.
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The News About the News Business Is Getting Grimmer
Mass layoffs, closures and reader fatigue are afflicting news organizations as Americans prepare for a consequential election year.
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Netflix is Said to License ‘Sex and the City’ From HBO
Media companies that had been reluctant are increasingly offering shows to Netflix, which is pulling further ahead in the streaming wars.
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Sports Illustrated Thrown Into Chaos With Mass Layoffs
The company’s owner has been plunged into a maelstrom in recent weeks as its senior executives have been forced out.
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This Again? In Frozen Iowa, the Press Corps Ponders a Slog of a Campaign.
Snowstorms, a thinning field of candidates and Donald Trump’s polling lead contributed to a smaller media turnout for the nation’s first caucus.
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The Messenger, Which Aimed to Transform Media, Faces Dire Financial Straits
The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.
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Jeff Zucker’s Latest Bet: Prestige TV
The former CNN president will return to Hollywood by investing in the studio behind streaming hits like “The Morning Show” on Apple TV+.
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Tencent and Netease Rally on Signs China May Ease Gaming Proposal
After a market rout, gaming companies like Tencent and Netease rally on signals that regulators might apply proposed curbs on users less harshly than feared.
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Jezebel Will Shut Down, Parent Company Announces
Citing “economic headwinds rattling our business,” Jim Spanfeller, the chief executive of Jezebel’s parent company, G/O Media, announced the suspension of the publication and staff layoffs.