Scoop: G/O Media just told staffers it sold the AV Club to Paste and The Takeout to Static. Am told that The Onion is on the block. Story TK.
@AlexSteigrad Is The Onion getting chopped? I'm in tears.
@AlexSteigrad Genuinely is it expensive to run a site like the Onion? Why not keep it going
@AlexSteigrad It must be nice to have so much money that you can profit off of destroying things people like
@AlexSteigrad @Phil_Lewis_ Selling off the profitable parts of a brand, time is ticking on G/O media
@AlexSteigrad I think @DennisPerkins5 works at Paste now. He's an AV Club alumni. I hope this bodes well for him back to doing SNL reviews for them again. Or they can just cut and paste his Paste reviews and pay him twice....
@AlexSteigrad @ArtBrovera the private equity vultures are stripping everything to get a little more profit next quarter probably also relevant that the Onion has long been openly pro-worker, left-leaning, critical of Israel, etc