Social News Site ‘Reportedly’ to Suspend Operations

A two-year run comes to a close.

Reportedly, a social news site that launched in 2014, is suspending all operations effective Aug. 31.

Reportedly editor and founder Andy Carvin said the reason for the suspension was that First Look Media, which launched Reportedly and funded it, has decided to part ways with the site.

“Our future beyond August 31 is unknown,” wrote Carvin, in a note to readers. “The team would love to find a new home for reported.ly, but we recognize the challenges that await us. Over the coming days and weeks, we’re going to explore our options, including re-establishing reported.ly at another news outlet or creating our own independent entity. Either solution would require the necessary funding for our work to continue; otherwise the team will have no choice but to go our separate ways.”