G/O Media plans to follow Quartz playbook

G/O Media, which recently acquired business news site Quartz, plans to shift its operating model to be more like its recent acquisition, reports Mark Stenberg of Adweek. Stenberg reports, “But Quartz staff shouldn’t be concerned about the dilution of their company culture or mission, Spanfeller said. If anything, rather than transform Quartz to resemble a traditional G/O […]

Quartz sold for less than $10 million

Business news site Quartz sold for less than $10 million last month to G/O Media, reports Sara Fischer of Axios. Fischer reports, “Quartz sold to Uzabase, a Japanese business data and news firm, in 2018, after its inception at Atlantic Media, for a reported $86 million. “In 2020, management bought the company back, with plans to reinvest. Quartz CEO Zach Seward […]

Vora swaps Quartz for Axios

Quartz audience editor Priyanka Vora has been hired by Axios to be its director of search engine optimization. She has been at Quartz for the past year. She was previously a social media manager at GZero Media, and has also worked in audience engagement at Business Insider, the Financial Times, and Axios. Before getting involved in audience work, […]

Quartz CEO Seward to staff: You’ll get a cut of the sale

The following is a memo CEO Zach Seward sent to the Quartz staff Thursday morning: Hi, Quartz We have a new home: I have agreed to sell Quartz to G/O Media, the publisher of Gizmodo, AV Club, Jezebel, The Root, and several other great editorial brands. Together, we are forming a digital journalism powerhouse with more […]

G/O Media CEO: Quartz is a “marquee business brand”

G/O Media CEO Jim Spanfeller sent out the following email to staff about its Quartz acquisition: I am thrilled to announce that G/O Media has entered into an agreement to purchase business news publisher Quartz (www.qz.com). Attached is the press release that we are issuing on this terrific development. This transaction is the first addition […]

G/O Media acquires biz news site Quartz

G/O Media, the owner of websites that once were part of Gawker Media, has acquired the business news site Quartz for an undisclosed amount, reports Benjamin Mullin and Katie Robertson of the New York Times. Mullin and Robertson report, “Zach Seward, a co-founder and the chief executive of Quartz, will stay on at the company […]

Why Quartz believes people will pay for an Africa newsletter

Bron Maher of Press Gazette writes about how Quartz hopes that a paid-for Quartz Africa weekly email newsletter will pave the way for its new paid content strategy. Maher writes, “The new paid Quartz Africa Member Brief newsletter, on the other hand, ‘is for people who want to have more of a deep dive… “‘We will […]

Quartz going against the grain by dropping paywall

Mark Stenberg of Adweek writes about how the decision by financial news site Quartz to drop its paywall is counter to what others in the industry are doing. Stenberg writes, “Industry analysts that spoke with Adweek expressed skepticism about the logic behind the decision. “The removal of the paywall decreases the value proposition of the membership, […]

Quartz is removing its paywall

Quartz is dropping its paywall, which was introduced three years ago. The move comes following the latest as digital media companies search for a profitable business model. Previously, readers were able to view a limited number of articles before requiring payment to gain further access to reading. However, “it was very clear to us that […]

Quartz seeks a deputy email editor

Quartz seeks a deputy email editor to edit, produce, and further develop its suite of editorial emails, and to play an instrumental role in the next era of Quartz newsletter and short-form journalism products. Email is the most effective and engaging way that Quartz reaches its loyal readers, who consider their inbox the nexus of […]