G/O Media

G/O Media Inc. is a media company that runs Gizmodo, Kotaku, Jalopnik, Deadspin, Lifehacker, Jezebel, The Root, The A.V. Club, The Takeout, The Onion, and The Inventory. G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from Univision for $20.6 million.[1] Prior to the sale, the former Gawker Media properties had operated as Gizmodo Media Group after being acquired by Univision following the conclusion of the Bollea v. Gawker lawsuit and subsequent bankruptcy in 2016.[2][3][4] Former Forbes executive Jim Spanfeller became the CEO of G/O Media.[5]

G/O Media
PredecessorGizmodo Media Group 
Key people
Jim Spanfeller (CEO)
SubsidiariesGizmodo
Kotaku
Jalopnik
Deadspin
Lifehacker
Jezebel
The Root
The A.V. Club
The Takeout
The Onion
The Inventory
Websiteg-omedia.com

Conflict with leadership

G/O Media's leadership, introduced after the purchase from Univision, has been subject to frequent criticism by employees.[5] Complaints include closer advertiser relationships, a lack of diversity, and suppression of reporting about the company itself.[5] In October 2019 Deadspin's editor and chief, Barry Petchesky, was fired for refusing to adhere to a directive that the site "stick to sports."[6] Soon after, the entirety of Deadspin staff resigned in protest leaving the site inactive.[7] In January 2020 the GMG union, which represents the staff of G/O media, announced a vote of no confidence in CEO Jim Spanfeller citing, among other issues, a lack of willingness to negotiate for "functional editorial independence protections."[8]

References

  1. "UNIVISION COMMUNICATIONS INC. AND SUBSIDIARIES 2019 Second Quarter Reporting Package" (PDF). Univision Communications Inc. - Financial Reports - Quarterly Reports. June 30, 2019.
  2. DiNapoli, Jessica (August 17, 2016). "Univision to buy Gawker out of bankruptcy for $135 million". Reuters. Retrieved August 18, 2016.
  3. Sinclair, Brendan (April 8, 2019). "Univision sells Gizmodo Media Group". GamesIndustry.biz. Retrieved July 28, 2019.
  4. Adams, Robert N. (April 8, 2019). "Gizmodo sold to Great Hill Partners, forming G/O Media". GameRevolution. Retrieved July 28, 2019.
  5. Tani, Maxwell (July 18, 2019). "Gizmodo Media Staff Enraged at New CEO's 'Insane' Direction". The Daily Beast.
  6. Tracy, Marc (October 29, 2019). "Deadspin Editor Fired Amid Pushback Over 'Stick to Sports' Memo". The New York Times. ISSN 0362-4331. Retrieved February 2, 2020.
  7. Robertson, Katie (November 1, 2019). "Deadspin's Last Staff Member Quits. But Deadspin Is Not Dead, the Boss Says". The New York Times. ISSN 0362-4331. Retrieved February 2, 2020.
  8. "GMG Union votes no confidence in G/O Media CEO Jim Spanfeller". Awful Announcing. January 14, 2020. Retrieved February 2, 2020.

Further reading

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