Ex-Gawker Editor Speculates on Why Denton Shuttered Valleywag
Over at the L.A. Times ex-Gawker editor (and recent Radaronline scribe) Choire Sicha is speculating as to why Nick Denton decided last week to shut down Valleywag and fold it into the main Gawker site. The short version is that in the not too distant future things may actually be worse than Denton’s doomsday predictions of last week. Also? If Sicha had just waited a few more days he could have got Dan Abrams to pay him for this sort of thing! Some of Sicha’s thoughts:
It makes sense from a business perspective in conjunction with the selling of Consumerist, and after the cross-company staff layoffs, and after the selling-off of the other sites they’ve already done.
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