“At least 10 staffers and contributors for Bustle, the online women’s publication, were laid off or cut Thursday — the latest sign of distress in the digital media space as companies try to find paths to profitable growth.”— Todd Spangler, variety.com
“Deadspin is not actually a site about sports. It’s a site about aging, and about how we’ve all grown up, either from the inside or watching the site grow and come to its own awareness of other people out there in the world.”— David Roth, slate.com
“Having a brand that doesn’t mean what it used to, or doesn’t mean anything at all, is no obstacle to generating bulk reader traffic.”— Ben Mathis-Lilley, slate.com
“Watson declined to comment on revenue, except to say that OZY's top-line has grown around 50% year-over-year for the past four years, and that the company expects to be profitable in calendar 2020.”— Dan Primack, axios.com
“The site’s interim editor in chief, Barry Petchesky, who had worked there for 10 years, tweeted Tuesday that he had been fired for 'not sticking to sports.'”— Marc Tracy, nytimes.com
“To create as much great sports journalism as we can requires a 100% focus of our resources on sports. And it will be the sole focus.”— Paul Maidment, thedailybeast.com
“I started the company on maternity leave, and now Eli is eight. That is a long slog as an investigative journalism company that pissed off most of the industry it covered.”— Sarah Lacy, pando.com
“The company is rolling out the change to English language searches in the U.S. starting this week. Google said it expects the shift will give better results for every one in 10 searches.”— Rachel Metz, cnn.com
“Facebook’s “global currency” has been variously heralded as a milestone for the mainstreaming of cryptocurrencies, a blockchain only by name and a new frontier for an economic proxy war.”— Tank Magazine, tankmagazine.com
“The agenda for Facebook CEO Mark Zuckerberg's return to Capitol Hill Wednesday before the House Financial Services committee is largely devoted to Facebook's cryptocurrency project, Libra.”— Axios, axios.com
“The key to free expression is to not have one company control the flow of speech to more than 2 billion people, using algorithms that amplify disinformation in order to maximize profits.”— Sally Hubbard, apnews.com
“You are seeing the end of a phase in Web history where investors & M&A corp dev execs favor top-line heavy, money-losing businesses.”— Jacob Donnelly, mediaoperator.substack.com
“After a nearly 40-year run, USA Today and its digital sites are about to undergo a major restructuring that will include building up digital marketing while phasing out the print edition.”— Rick Edmonds, poynter.org
“Goldberg and BDG also denied the cuts were "layoffs" and said the company's head count has grown in the past month to 315 — as large as it has ever been. A BDG spokesperson said, "It is an exciting time for BDG as we bring on new leaders to build and evolve our brands. We're hiring across the board…”— Benjamin Goggin, businessinsider.com
“While publishers still have some time to find solutions — AB5 does not go into effect until the beginning of 2020 — most expect that they will address it simply by getting rid of California-based writers in favor of people based in other states.”— Max Willens, digiday.com
“James Murdoch's holding company agreed to buy a small stake in Vice Media Group, sources briefed on the deal told the Financial Times.”— Alyssa Meyers, businessinsider.com