The Messenger will shut down less than a year after launching news site: ‘Titanic of publishing disasters’

Posted on AllSides January 31st, 2024
From The Right
Patrick McMullan via Getty Images

Money-bleeding start-up The Messenger — the news site that launched to great fanfare last May — was expected to shut down Wednesday in what sources called “the Titanic of publishing disasters.”

“The site will go dark,” an insider at the publication told The Post, adding that none of the roughly 300 staffers will get severance.

Co-founder and CEO Jimmy Finkelstein, who launched the site in May after raising $50 million, had been scrambling to secure funding this week as employees braced to hear whether the company would avert disaster, as...

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https://nypost.com/2024/01/31/media/the-messenger-will-shut-down-after-less-than-a-year/

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