Quite a sad affair!! VW is

ashish — Thu, 13 Nov 2008 04:26:41 -0500

Quite a sad affair!! VW is one of the most interesting blog - with a different format and most amazing content!

Gawker Media shuts Valleywag, offers Consumerist for sale

Jordan Golson — Wed, 12 Nov 2008 22:31:35 -0500

Nick Denton's Gawker Media is restructuring again. The large-headed blog guru is shuttering my former writing digs at Valleywag and shifting Owen Thomas from his position as managing editor to a columnist for Gawker. Denton is also looking to unload The Consumerist, a Consumer Reports of sorts for the new millennium.

The company has changed things up several times this year already, selling travel-focused Gridskipper, political-focused Wonkette and music-focused Idolator. Long-time Gizmodo editor Brian Lam turned the reigns of the gadget site over to Jason Chen when he got a promotion and Denton's right hand man, Noah Robischon, just left Gawker for Fast Company.

The closing of Valleywag and unloading of Consumerist follows an apocalyptic prediction for the Internet ad market by Denton on his personal blog yesterday. He claims Internet advertising could drop by 40 percent next year. Yikes.

(Photo of Valleywag's Owen Thomas by magerleagues)

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The Industry Standard - Gawker Media shuts Valleywag, offers Consumerist for sale - Comments

Quite a sad affair!! VW is

Gawker Media shuts Valleywag, offers Consumerist for sale