Sports Site Deadspin Gutted After Sale to Mysterious Firm

Deadspin, the popular sports news and commentary website, has been sold again and its entire staff laid off, according to a memo from G/O Media CEO Jim Spanfeller. The site was acquired by a newly formed European digital media company called Lineup Publishing.

In the memo to employees, Spanfeller stated that Deadspin’s new owners decided “to not carry over any of the site’s existing staff and instead build a new team more in line with their editorial vision.” The 11 staff members were notified of their termination on Monday.

While Lineup Publishing plans to maintain Deadspin’s “unique voice,” Spanfeller said they intend to take a “different content approach” to the site’s overall sports coverage. He noted G/O Media was not actively looking to sell Deadspin, citing the buyer’s plans, competition in sports journalism, and a valuation above their purchase price as factors.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

This is the second website from G/O’s portfolio to see mass layoffs after an attempted sale in recent months. Last fall, the female-oriented site Jezebel was shut down before being acquired by Paste Magazine. G/O’s remaining brands include Gizmodo, Quartz, The Onion, The AV Club, The Root, Jalopnik, and Kotaku.

The Onion Inc. Union, which represented some Deadspin workers, criticized the layoffs as “all too common” at the company and industry. 

Details on Lineup Publishing are scant, with just a vague slogan and contact form on its website, although it appears to be based in Malta. 

G/O Media, formed in 2019 from the acquisition of former Gawker sites and The Onion, has seen significant turmoil, including a previous mass resignation at Deadspin in protest of mandated sports-only coverage. 


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

Crypto.com Gets Approval To Expand In The UK As Sources Report Another Round Of Layoffs

Cryptocurrency exchange company Crypto.com has received registration approval from the United Kingdom’s financial regulator, the...

Friday, August 19, 2022, 01:07:00 PM

Walt Disney Starts Mass Employee Layoffs in Effort to Cut Costs

Walt Disney Co. (NYSE: DIS) is following through with previously announced mass layoffs beginning on...

Tuesday, March 28, 2023, 06:18:00 AM

Stellantis to Trim Workforce, Offers Buyouts Amid Industry Shift to Electric Vehicles

Stellantis (NYSE: STLA), the parent company of Chrysler, is initiating a new round of cost-cutting...

Tuesday, November 14, 2023, 07:38:14 AM

GM’s Cruise Slashes Jobs in Pivot from Robotaxi Business

Cruise will eliminate about half its workforce as the General Motors (NYSE: GM) subsidiary abandons...

Sunday, February 9, 2025, 07:32:00 AM

Volkswagen Faces Potential Job Cuts Amid Cost-Reduction Efforts

German automaker Volkswagen (ETR: VOW3) is grappling with financial challenges that may lead to significant...

Friday, September 20, 2024, 11:29:00 AM