Fischer reports, “The company had initially forecast over $13 million in revenue for this year. It made $2.1 million in 2020, the year it launched.
“Why it matters: The decision to shutter Protocol last week didn’t come as a surprise to some former and current employees, who said it had become clear in recent months that the company was not close to hitting its stated revenue goals.
“With roughly 60 staffers employed at the site, Protocol was also losing a significant amount of money.”
Read more here.
Independent Association of Publishers’ Employees board authorized a strike vote to be conducted by its…
The Southern California News Group is seeking an assistant editor to help its jobs and…
Ian Krietzberg, a tech reporter for TheStreet.com, is leaving for a new opportunity. He has…
Timothy B. Lee writes in Asterisk magazine about why a lot of technology reporting is…
Megan Douglass has been named deputy social strategy editor at The Wall Street Journal. Douglass previously…
Business Insider's Louise Ridley is joining The Female Lead, the women's empowerment charity founded by Tesco Clubcard entrepreneur Edwina…