1. How The Messenger Was Killed—and What That Means for Media.
- Author
-
CARTWRIGHT, LACHLAN
- Subjects
BUSINESS planning ,SINGLE people ,WORK environment - Abstract
The Messenger, a news website that aimed to revolutionize the industry, has failed spectacularly, leaving 300 employees without jobs and owing a significant amount of money to vendors. The site, led by chairman and CEO Jimmy Finkelstein, made grand promises of generating $100 million in revenue and attracting 100 million readers, but ultimately crashed and burned. Finkelstein hired a team of editors and went on a hiring spree, but the site struggled to generate revenue and faced allegations of creating a toxic work environment. Despite Finkelstein's aspirations for a lasting legacy, The Messenger's failure raises questions about his ability to improve and grow publications. [Extracted from the article]
- Published
- 2024