Evil Linus meme aside, it's big time damage control at LMG right now: https://youtu.be/0cTpTMl8kFY
As usually happens with stuff like this, once started, many others will come out of the woodwork and it's already started: https://lemm.ee/post/4433736. Of course we have to take some of these things with a grain of salt. However, if even a tiny bit of what Madison went through is true, this is unbelievably horrible.
I'm sure there will be plenty of LMG/LTT fans that will take this apology and happily move on. I for one will not.
I'm fairly up to date with the current state of this and I'm actually really glad he's only had a small part in damage control since guys outburst on the forum, it shows that he's actually trusting his CEO to do their job, and with any luck at all, the new CEO will clean the shit out of LMG; that may, or may not include firing Linus. I honestly don't know if that will happen, and bluntly, given what happened to Madison, and Linus being dismissive of her concerns, it would serve him right.
Such a proposal is problematic since Linus has been the face of LMG since it was created (and of LTT before LMG), but it's not the first time a brand's face (aka the face of the company) has been removed, and I'm certain it won't be the last.
The fact is, he's not more involved because his new CEO isn't that stupid. Letting Linus run his mouth about this would likely lead to more problems, he's been silenced by his own people for good fucking reason. He can't be trusted. What he says is usually the story he wants people to believe, not necessarily the truth, and it's become blatantly obvious that he continues to behave in an unprofessional way towards everyone, feeding them the information he wants to be true, rather than the truth. The new CEO has an opportunity to come down firmly on it and stem the flow of shit from his mouth that's either the narrative he wants us to believe, or straight up lies, and instead present information in a pointed (though vague) way. A good CEO shouldn't count chickens before they hatch. An announcement of a resolution shouldn't happen until the ink is dry on it, and it's blatantly clear to me that Linus, as CEO, would tell his team to start working on something, then announce to everyone that it is already a done deal, as if everything has already been finished, when reality shows that the process is just starting.
Vague language is your ally in positions of authority, when the process starts (like when they committed to reimbursing the cost of the cooler), you inform people that the process is ongoing with rectifying the problem, not "we have reached an agreement with the company", because you haven't. You've reached an agreement internally which will hopefully result in reaching an agreement.... So either say that, or be vague, but lying will only destroy the trust people have in your company, and bluntly, LMG survives on trust.
To put it as simply as I can: for a company that makes money because people trust the opinions, testing, information, and methodologies of the content that they make, Linus has single handedly, on multiple occasions, demonstrated a direct and substantial misrepresentation of facts which will have a significant negative impact on the business. This is a termination worthy infraction. He'll always be the owner, but owning something doesn't mean that you will have any say in the day to day operations of the company, or that you'll be employed there, or collect a salary. Dividends are another matter.
It would not suprise me if we don't see much of Linus from LMG for a long time, and I would be even less surprised if they renamed the company altogether.