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October 17, 2024

ABS-CBN Layoffs Hit 100 Employees Amid Financial Struggles

ABS-CBN Corp., led by the Lopez family, has laid off around 100 employees, or about 3 percent of its workforce, as the media…

September 10, 2024

Newsmax Files for $75 Million IPO, Eyes NYSE Listing

Conservative media company Newsmax has officially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) slated for late…

Media & Entertainment / News Media /

August 21, 2024

The DONUT Acquires Sports Media Platform Press Sports

Austin-based news organization The DONUT has acquired Press Sports, a social media platform focused on connecting young athletes and sports fans. While financial…

Media & Entertainment / News Media /

July 25, 2023

168-Year-Old Santa Barbara News-Press Files for Bankruptcy, Closes Operations

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The Santa Barbara News-Press, a newspaper with a rich history spanning over 150 years, has filed for bankruptcy under Chapter 7, according to…

Media & Entertainment / News Media /

April 1, 2023

The Block fires a third of its employees amid a leadership shakeup

According to Axios, The Block, a crypto media company that was embroiled in a funding scandal involving disgraced FTX founder Sam Bankman-Fried, has…

March 10, 2023

Morning Brew lays off 40 people

Morning Brew, a digital news outlet targeting millennials, is laying off 40 employees in a second round of layoffs since November 2021. CEO…

February 1, 2023

Gawker Lays Off 8% of staff

BDG, the digital media conglomerate that owns brands like Elite Daily and Bustle, announced on Wednesday that it will cut 8% of its…

January 25, 2023

The Washington Post has laid off 20 journalists

According to an internal memo, The Washington Post lay off 20 staffers in its newsroom on Tuesday. The executive editor, Sally Buzbee, stated…

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