Jezebel, the online women’s magazine known for its playful, at times biting commentary that shut down editorial operations last month, has been acquired by Paste magazine, a music and culture website, the New York Times reported.
Paste’s founder Josh Jackson said the website has plans to resume Jezebel’s editorial operations and begin publishing as early as Wednesday.
Last month, former Jezebel parent company G/O Media’s chief executive Jim Spanfeller wrote in a memo that the organisation had been unsuccessful in finding a buyer for Jezebel. This triggered an editorial reshuffle at G/O Media which resulted in 23 staffers, including the company’s editorial director Merrill Brown, leaving the business.
With the acquisition, Jackson hopes to first hire a new editor-in-chief for the magazine then build out Jezebel’s editorial team. The acquisition was an all-cash deal and Jackson declined to state the figure his company had paid to acquire the title.
”We’ve gone through all the different changes in the media landscape and stayed independent and have survived and thought, ‘Hey, maybe we can do this with other sites as well,’” Jackson told the New York Times.
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G/O Media Shuts Jezebel’s Editorial Operations
Jezebel, the online women’s magazine known for its playful tone and biting cultural analysis is shutting down operations, according to a memo sent to G/O Media staff.