Showing posts with label DNAInfo. Show all posts
Showing posts with label DNAInfo. Show all posts

Thursday, November 2, 2017

Updated: Joe Ricketts just shut down Gothamist and DNAinfo

Woah.

This message now greets visitors to both DNAinfo and Gothamist...



Here's that message from publisher Joe Ricketts:

Dear DNAinfo and Gothamist Readers:
Today, I've made the difficult decision to discontinue publishing DNAinfo and Gothamist. Reaching this decision wasn't easy, and it wasn't one I made lightly.

I started DNAinfo in 2009 at a time when few people were investing in media companies. But I believed an opportunity existed to build a successful company that would report unbiased neighborhood news and information. These were stories that weren't getting told, and because I believe people care deeply about the things that happen where they live and work, I thought we could build a large and loyal audience that advertisers would want to reach.

A lot of what I believed would happen did, but not all of it. Today, DNAinfo and Gothamist deliver news and information each day to over half a million people's email inboxes; we have over 2 million fans across our social channels; and each month, we have over 15 million visits to our sites by over 9 million people. But more important than large numbers of visits and fans, we've reported tens of thousands of stories that have informed, impacted, and inspired millions of people. And in the process, I believe we've left the world a better place.

But DNAinfo is, at the end of the day, a business, and businesses need to be economically successful if they are to endure. And while we made important progress toward building DNAinfo into a successful business, in the end, that progress hasn't been sufficient to support the tremendous effort and expense needed to produce the type of journalism on which the company was founded. I want to thank our readers for their support and loyalty through the years. And I want to thank our employees for their tireless effort and dedication.

I'm hopeful that in time, someone will crack the code on a business that can support exceptional neighborhood storytelling for I believe telling those stories remains essential.

Sincerely,

Joe Ricketts
Chief Executive Officer

Ricketts bought Gothamist back in March.

The Times reported that the reporters and editors in the combined newsrooms "celebrated victory in their vote to join a union" just last week.

In total, the closure impacts 115 employees, including reporters, editors, sales staff, among others, in New York as well as in other cities with DNA/-ist outposts. According to the Times: "They are getting three months of paid 'administrative leave' at full salary, plus four weeks of severance."

And reactions...












Updated 8 p.m.:
The following is a statement from the Writers Guild of America, East:

"We are deeply concerned by Joe Ricketts’ decision to shut down DNAinfo New York and Gothamist, along with all their respective local outlets. The New York offices of DNAinfo and Gothamist recently voted to unionize and it is no secret that threats were made to these workers during the organizing drive. The Guild will be looking at all of our potential areas of recourse and we will aggressively pursue our new members rights. We will meet with management in the near future to address all of these issues. We are currently working with the staff at DNAinfo and Gothamist to support them in this difficult time.”