Gawker boss Nick Denton has made his first acquisition and bought New York City blog CityFile. At the same time he has axed his editor-in-chief who in true Gawker style got to blog departure.
CityFile, which chronicles the movers and shakers in New York’s media, finance, and politics circles, is to be folded into Gawker.com and will become the New York and media industry channel on the site joining the likes of Defamer and Valleywag.
The acquisition was announced on Gawker in the shape of two memos that were published as part of a post by editor Gabriel Snyder who Denton revealed is being replaced by Remy Stern who founded CityFile.
“Okay, this is weird. But here are two internal memos. One affecting me, the other by me. Nick has just announced that Gawker’s acquiring CityFile. As part of that deal, I’m losing my job. Now that they are out there, may as well put them here,” Snyder posted.
Stern is a former writer on several Gawker sites and worked as an editor at the now defunct Radar magazine, which ran on an off over a period of years in New York between 2003 and 2008, before going on to set up CityFile.
Snyder’s memo (Subject: Farewell): “For reasons which I’m not too clear on, but I’m sure Nick Denton will explain momentarily, I am being replaced as editor-in-chief of Gawker.
“Honesty is Gawker’s only virtue, so it seems inappropriate to engage in the usual corporate euphemisms of ‘wanting to explore new opportunities’ or ‘take a larger role in the company’ or ‘spend more time with my family’ (though eighteen-hour days and seven-day work weeks do take their toll on personal relationships), so I’ll put this as plainly as we’d report any other masthead ouster: I am being canned.”
Synder was offered another “temporary position” by Denton as “an assistant managing editor of Gawker Media” but he said he turned that down”. Well you would, wouldn’t you? He did 18 months and he said so himself later in his memo, in a Ferris Bueller-esque nod, that “Gawker Media careers shows that they tend to burn bright and fast”.