G/O Media (Deadspin)
PE-Owned1 Documented ImpactPublisher of Deadspin, Gizmodo, Jezebel, The Onion. Great Hill dismantled the portfolio — entire Deadspin staff resigned, Jezebel shuttered, all properties sold off.
Ownership Information
G/O Media (Deadspin) is owned by Great Hill Partners. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
G/O Media (Deadspin) founded
Acquired by Great Hill Partners for $18.9 million
Great Hill Partners dismantled G/O Media — entire Deadspin staff resigned
Great Hill bought 10+ publications for $18.9M (previously valued at $135M). Issued "stick to sports" mandate at Deadspin; editor fired, entire staff resigned. Jezebel shuttered. All properties sold off piecemeal.
How Private Equity Destroyed G/O Media
New Republic →Before vs. After PE Acquisition
Publications
Reported 2024
Before PE
10+ publications
After PE
0 (all sold/shut)
↓ 100%
Community Reviews
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