Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Last week news came out that Mic, a publication that I once worked at for the better part of two years, laid off its entire editorial staff. Staffers were given zero warning. Management told them during a Thursday morning meeting that their computer access would be cut off at 2 p.m., that they’d get just…
About five years ago, I was asked to visit the newsroom at Mic, a digital-media start-up backed by venture capital and focused on news for the millennial audience. As the public editor of the New York Times, I suppose I was seen as an expert in traditional journalism ethics — especially through the eyes of…
Digital publisher Mic Network Inc. has agreed to sell itself to women-focused publisher Bustle Digital Group for about $5 million, according to a person familiar with the matter—a fraction of Mic’s valuation less than two years ago. Mic laid off almost all of its employees ahead of the sale, another person familiar with the matter…
Mic.com is laying off the bulk of its staff, Recode’s Peter Kafka first reported Thursday. Publisher Cory Haik has left the company. In a departure email published by Recode, she wrote, in part, “What you hear less about the truth is that it is expensive.” Mic raised $60 million in venture funding and as of…
Photo: Getty Mic, the millennial-focused digital news site, laid off most of its editorial staff on Thursday morning as the company’s top brass works to finalize a sale to Bustle Digital Group, Recode first reported. According to the site, the company’s CEO, Chris Altchek, announced the mass layoffs at a staff meeting this morning. Altchek…
Collect the nav links, forms, and other content for toggling NEW YORK, June 21, 2018 /PRNewswire/ — CafeMedia today divested its legacy owned and operated sites, concentrating its efforts completely on the growth and success of its publisher platform: AdThrive. AdThrive is the leading ad monetization platform for high-quality, mid-sized digital publishers, empowering content creators to make a…
Mic is laying off the majority off its staff while the digital publisher works on a deal to sell the remainder of its assets to Bustle Digital Group. Mic CEO Chris Altchek announced the layoffs at a staff meeting this morning. Until today the company had employed more than 100 people. I’ve asked Mic to…
Civil was supposed to create a more transparent and democratic model for journalism. But so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired. According to several current and former employees of news organizations sponsored by the blockchain startup, Civil told journalists in…
“Via” Mia Coleman was singing on American Idol at age 17, backing up rapper Anderson .Paak a few years later, and, at 28, still looking for her big break. When she released her first single, Lie, under the name Viaa in the summer of 2017—the extra “a” meant to help her stand out—Coleman had a tough time cutting through…
Photo: Richard Drew (AP) MoviePass, the ticketing startup that burned through hundreds of millions of dollars trying to undercut the theater business by selling tickets at cost to subscribers, has screwed up an awful lot as of late. Its parent company Helios & Matheson is being sued by shareholders for alleged fraud, as well as…