"The Messenger: A Short-Lived Startup Shuts Down"

1 min read
Source: NBC News
"The Messenger: A Short-Lived Startup Shuts Down"
Photo: NBC News
TL;DR

The Messenger, a startup digital news website launched in May, is shutting down due to financial difficulties, leaving employees without severance and health coverage. The outlet, which promised non-partisan news coverage, failed to secure sufficient capital to reach profitability. The decision comes after reports of potential shutdown and failed attempts to secure new revenue. The closure adds to a string of recent media layoffs, including those at The Los Angeles Times, Forbes, Time, Sports Illustrated, Tech Crunch, NBC News, and Business Insider.

Share this article

Want the full story? Read the original reporting

Read on NBC News