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Publishers find the AI era not all that lucrative
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Daily Beast / Justin Baragona / Jun 4, 2024
G/O Media CEO Jim Spanfeller in a company-wide memo: “After serious consideration, G/O Media’s board of directors have decided to accept [European company Keleops Media’s] offer for a variety of reasons which include Keleops’ agreement to keep Gizmodo’s entire staff intact and a sale valuation that represents a substantial premium from our original purchase price for the site.”
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