Wednesday, July 22, 2015

"the gap between the revenues of Gawker Media and the revenues of Vox Media, the gap is around $20 million a year"

CNY:

"There’s a thing called the Gawker tax which represents the cost of selling these brands that any moment can blow up, they can blow up because of internal dissension, they can blow up because of a story that goes wrong, and they call it the Gawker tax.
...
"Now, I don’t want to close that gap and I don’t want to become Vox Media, but the fact of the matter is that it is really hard to sell Gawker, Gawker.com in particular, because Gawker.com likes to pick fights with pretty much everybody. That's just the reality,"