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: Messenger, The (News Co)
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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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The Messenger Plans Layoffs Amid Hunt for Cash
The company, an aggressive entrant to the digital news space, is expected to cut roughly two-dozen employees this week.