Media & Digital Publishing

G/O Media (Deadspin)

Publisher of Deadspin, Gizmodo, Jezebel, The Onion. Great Hill dismantled the portfolio — entire Deadspin staff resigned, Jezebel shuttered, all properties sold off.

FOUNDED
2002
ACQUIRED
Great Hill Partners, 2019, $18.9 million
IMPACTS
1 documented

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Editorial Record

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Timeline

2002

G/O Media (Deadspin) founded

2019

Acquired by Great Hill Partners for $18.9 million

2024

Great Hill Partners dismantled G/O Media — entire Deadspin staff resigned

CriticalClosure / Bankruptcy

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.

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How Private Equity Destroyed G/O Media

New Republic

Before / After

Publications

reported 2024

before 10+ publications

after 0 (all sold/shut)

-100%

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