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.

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

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Postmedia Announces Fresh Round of Layoffs, Cuts 11% of Editorial Staff

Postmedia Network will be introducing new cost-cutting measures including cutting 11% of editorial staff from...

Wednesday, January 25, 2023, 04:03:00 PM

Russian Energy Giant to Slash Head Office Workforce by 40%

Gazprom, Russia’s state energy corporation, plans to cut 1,600 positions at its St. Petersburg headquarters...

Tuesday, January 14, 2025, 02:07:00 PM

US Tech Giants Are Behind December’s Enormous Job Cuts

In December 2022, American tech firms announced a large number of job cuts as they...

Friday, January 6, 2023, 07:37:00 AM

P&G to Slash 7,000 Office Jobs in Two-Year Bid to Offset Tariffs

Procter & Gamble (NYSE: PG) will eliminate up to 7,000 office jobs—about 15% of its...

Friday, June 6, 2025, 03:50:00 PM

Microsoft to Cut Thousands More Jobs in July, Targeting Sales Teams

Microsoft (Nasdaq: MSFT) plans to eliminate thousands more jobs in early July, with sales teams...

Friday, June 20, 2025, 12:02:00 PM