Two of my favorite online news website announced they are closing down.
https://www.nytimes.com/2017/11/02/nyregion/dnainfo-gothamist-shutting-down.html
https://www.nytimes.com/2017/11/02/nyregion/dnainfo-gothamist-shutting-down.html
A week ago, reporters and editors in the combined newsroom of DNAinfo and Gothamist, two of New York City’s leading digital purveyors of local news, celebrated victory in their vote to join a union.
On Thursday, they lost their jobs, as Joe Ricketts, the billionaire founder of TD Ameritrade who owned the sites, shut them down.
At 5 p.m., a post went up on the sites from Mr. Ricketts announcing the decision. He praised them for reporting “tens of thousands of stories that have informed, impacted and inspired millions of people.” But he added, “DNAinfo is, at the end of the day, a business, and businesses need to be economically successful if they are to endure.”