Re:DNAinfo and Gothamist Are Shutting Down
by eli on Thursday November 02, 2017 @06:47PM
(#15615031)
No shutting down the whole business is the one legal form of retaliation
[ Parent
| on HN ]
Re:DNAinfo and Gothamist Are Shutting Down
by theyregreat on Thursday November 02, 2017 @06:59PM
(#15615133)
There is more than one legal form of union-busting. They could’ve reorganized departments and “eliminated positions,” but instead they chose to throw everyone out on the street as collective punishment to send a message.
This is why reporters need to form independent, co-op, subscribers-funded news in order to avoid the strings and slavery of corporate advertisers and exploitative owners. Corporate news doesn’t work.
Re:DNAinfo and Gothamist Are Shutting Down
by malandrew on Thursday November 02, 2017 @07:06PM
(#15615189)
These reporters are always free to start their own blog, alone or collectively.
Re:DNAinfo and Gothamist Are Shutting Down
by anigbrowl on Thursday November 02, 2017 @08:22PM
(#15615636)
Sure, it's not like a new business has any operating expenses or cashflow requirements.
Re:DNAinfo and Gothamist Are Shutting Down
by notyourday on Friday November 03, 2017 @11:32AM
(#15619930)
So DNAinfo owners should run an unprofitable business but the reporters should not?
Re:DNAinfo and Gothamist Are Shutting Down
by anigbrowl on Friday November 03, 2017 @08:43PM
(#15623205)
Profit, startup capital, and cash flow are quite different things. I don't believe that Joey Rickett's decision was a coincidence motivated by pure fiscal math either.
Re:DNAinfo and Gothamist Are Shutting Down
by manigandham on Saturday November 04, 2017 @10:34PM
(#15627899)
If it was profitable, others can do it themselves. Plenty of bank loans available.
If it wasn't profitable, then the owner was essentially donating money until now and this whole thing would've ended even sooner under other conditions.
Re:DNAinfo and Gothamist Are Shutting Down
by compsciphd on Thursday November 02, 2017 @06:49PM
(#15615060)
see link I posted above. not quite simple.