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submitted 2 months ago by [email protected] to c/[email protected]
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[-] [email protected] 13 points 2 months ago

Dude I feel like The Onion is coming back into its own again

[-] [email protected] 5 points 2 months ago
[-] [email protected] 6 points 2 months ago

TIL. From Wikipedia:

On April 8, 2019, private equity firm Great Hill Partners acquired Gizmodo Media Group—including The Onion, The A.V. Club, and Clickhole—from Univision for an undisclosed amount.[148] The properties were formed into a new company named G/O Media Inc.[149][150] In March 2024, G/O sold The A.V. Club to Paste Magazine and was reported to be seeking buyers for The Onion.[151]

On April 25, 2024, CEO Jim Spanfeller told employees that G/O had sold The Onion to Chicago firm Global Tetrahedron, which is owned by Twilio founder Jeff Lawson, with former NBC reporter Ben Collins serving as CEO.[152] As a condition of the deal, the new owners will retain the website's staff and keep it based in Chicago.[153] The name "Global Tetrahedron" is taken from a "fictional evil megacorporation" that has been the subject of a running gag in The Onion articles.[154]

https://en.m.wikipedia.org/wiki/The_Onion

[-] [email protected] 1 points 1 month ago

Private equity

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this post was submitted on 22 Jul 2024
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