Separately, the Gizmodo Media Group Union and the Writers Guild of America East, tweeted that they looked forward to working with the new management on its bargaining agreement. [17][18], Media group owned by Univision Communications, Univision owns these station licenses, however they are operated by, "Univision to Buy Gawker Media for $135M", "Univision Finalizes Sale Of Former Gawker Portfolio And The Onion To Private Equity Firm Great Hill Partners", "Gawker Media auction starts with Ziff Davis bid amid bankruptcy", "10 months ago, Univision bought Gawker in a fire sale, and it's been messy ever since", "Univision Rebrands Gawker Media As Gizmodo Media Group; Starts Translating Content For", "Univision deletes six controversial Gawker Media posts- POLITICO Media", "Univision Hires Raju Narisetti to Run Sites Acquired From Gawker Media", "Univision Hires News Corp Vet to Lead Former Gawker Media Sites", "Gizmodo Media Group Announces Very Smart Partnership", "New site aims for 'brutally honest' environmental news", Univision's Fusion Media Group Strikes Deal With Televisa For Expansion To Mexico, "Univision gets broadsided by staff-written critique of its failed strategy", "Gizmodo Media's Turmoil Continues: 40+ Staffers Take Buyouts", "Univision to Explore Potential Sale of Gizmodo Media Group and The Onion", "Great Hill Partners Agrees to Acquire Gizmodo Media Group", "Univision Announces Sale of Gizmodo Media Group and The Onion to Great Hill Partners",, Mass media companies based in New York City, Former Univision Communications subsidiaries, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 21 May 2020, at 20:10. "As the largest player in our space, G/O Media is in an ideal position to capitalize on this dynamic, and I am excited to collaborate with a great team that boasts an incredible track record to further expand our reach, add value to our advertisers and enrich our visitors' lives.". Tech billionaire funding lawsuits against Gawker, Fox News is mocking CDC guidance for Thanksgiving gatherings, Newsmax and OANN are telling lies about the election as more people tune in, Hear McEnany's excuse for not taking question from CNN, Hear Rachel Maddow's plea after her partner's battle with Covid-19, Axios CEO: I'm worried we're going to have 2 Americas, 'Left me dumbfounded': CNN anchor on Fox News correspondent's suggestion, Stelter: Fox News has never seen competition like this in its history, Obama: This is what 72 million votes for Trump says to me, These Trump supporters say Fox News is too liberal, See how Fox News changed tune on accepting election results, Watch Fox News call the election for Biden, 'That's not true': Fox News reporter fact-checks host, Fox News hosts question election legitimacy without evidence. “We know it is not every day that an attractive suite of digital media assets becomes available with strong brand recognition among consumers and advertisers, and a set of engaged, vertical audiences which together are larger than Vox, BuzzFeed or Vice,” Chris Gaffney, managing partner at Great Hill Partners, said in a statement. Our statement: The answer of who owns your content is actually very simple: You do. Without an audience we have nothing to offer advertisers, eCommerce partners or subscription efforts. Goldberg owns Bustle Digital Group, which acquired millennial-focused news and politics website Mic for $5 million in November. Univision put most of its online properties on the block last year and enlisted Morgan Stanley to "explore the sale" of the digital asset. While editorial independence is critically important, there needs to be a healthy and productive partnership with the business side for the company to be truly successful. All times are ET. Like decking the halls, braving the stores on Black Friday, and enduring the rants of visiting relatives, Columbia’s annual Star Wars collaboration has become a holiday tradition. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from Univision for $20.6 million. Univision made good on a promise to sell its online properties on Monday when it announced that it has sold Gizmodo Media Group, which includes the family of websites formerly known as Gawker Media. “It’s a similar story with [tech media website] Mashable and Mic and other assets sold recently," Doctor said. He previously worked at Yahoo! Dawson covered Baltimore sports for more than three decades on WMAR-TV. Fascinating graphics show who owns all the major brands in the world. And I am very excited to work with the wonderful brands that make up our company and all of you, the professionals who drive these brands day in and day out," he said. And without the revenue from those sources we have no way to fund the content and those who create it that attracts that audience in the first place.". Later that year, Univision won the Gawker Media assets, which were rebranded as Gizmodo Media Group, through a bankruptcy auction. This story is properly sourced to the EPA and Bloomberg. We have a Thanksgiving NFL doubleheader with the traditional Detroit and Dallas games. The current editor is Kelly Bourdet. [2][3][4] Former Forbes executive Jim Spanfeller became the CEO of G/O Media. is a Sports fan web site and is in no way affiliated with any media organization, any professional sports league, team, organization, or its Properties. James Spanfeller, who will oversee the newly-formed company, said the collection of youthful GMG sites are "already the leader among digital media companies speaking to the 10-to-34-year-old market, and we are confident and excited to see that lead expand. However, in April 2019, Gizmodo Media and The Onion was acquired by Great Hill Partners. No primetime game as Baltimore-Pittsburgh was pushed to Sunday due to COVID. "We attribute that to the impact of the duopoly" of Facebook and Google. John Taggart / The Washington Post via Getty Images file, Vice Media said in February it was cutting 250 staff. History. Country: USA "[6] Soon after, the entirety of Deadspin staff resigned in protest leaving the site inactive. G/O Media Inc. is a media company that runs Gizmodo, Kotaku, Jalopnik, Deadspin, Lifehacker, Jezebel, The Root, The A.V. The decision to put the portfolio of sites on the block was a recognition by Univision that it needed to reshape its business, in part to placate its own private equity owners. Rebellion, the video game studio that owns 2000 AD and related properties like Judge Dredd, has purchased space to set up a $100 million film and TV studio. Whether a private equity firm shares the same vision as the journalists at GMG's fiercely progressive network of sites remains to be seen. Gizmodo, previously a part of Gawker Media Group, was acquired by Univision’s Fusion digital media unit for $135 million in Aug. 2016 in an attempt to attract a younger audience beyond Univision’s core Spanish-language audience. [1] The purchase did not include the flagship website Gawker. Gizmodo was originally launched as part of Gawker Media, which was purchased by Univision Communications in August 2016. Private equity firm Great Hill Partners said Monday it would acquire Gizmodo's properties, which are said to reach an audience of around 100 million people, for an undisclosed amount. [1] In April 2019, Gizmodo and The Onion were sold to private equity firm Great Hill Partners, which combined them into a new company named G/O Media. Someone's Leaked the Covid-19 Hospitalization Data That the Trump Administration Kept Under Wraps. [7][8], On July 7, 2017, Gizmodo Media Group acquired the blog Very Smart Brothas. We’ll see what’s next for the Gizmodo titles. [4] Univision named the unit Gizmodo Media Group after one of its blogs, Gizmodo, in an effort to distance itself from the Gawker name. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from Univision for $20.6 million. 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