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A comment on DNAinfo and Gothamist Are Shutting Down. Parent comment

Re:DNAinfo and Gothamist Are Shutting Down by look_lookatme on Thursday November 02, 2017 @06:54PM (#15615096)
DNAinfo was never profitable in its 8 year existence. With the union taking root it was probably never going to see a return. In my opinion the only unethical thing here was taking down the archives. Total severance seemed fine.
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Re:DNAinfo and Gothamist Are Shutting Down by berberous on Thursday November 02, 2017 @08:13PM (#15615597)
What about Gothamist? I would bet it was profitable since it was run independently for a long time. It was a glorified blog — lots of reprinting Post articles rather than the independent reporting that DNA Info did, so I imagine it had much lower costs.
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Re:DNAinfo and Gothamist Are Shutting Down by rexf on Friday November 03, 2017 @01:20AM (#15616873)
This tweet by someone who appears to have written for Gothamist claims that "Gothamist actually WAS profitable. DNAInfo wasn't."

https://twitter.com/lindsayism/status/926201373858856962

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Re:DNAinfo and Gothamist Are Shutting Down by katedye on Thursday November 02, 2017 @09:24PM (#15616004)
They could have sold to a company that would have overhauled their monetization, but you're right that it isn't _unethical_ to shut-down (unnecessary, maybe).
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Re:DNAinfo and Gothamist Are Shutting Down by notyourday on Friday November 03, 2017 @11:28AM (#15619891)
Opex loses is liability. Company with no opex is an asset.
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