January 31, 2023


Today's News Headlines, Breaking News & Latest News from India and World, News from Politics, Sports, Business, Arts and Entertainment

Fandom Triage: Monster Bomb, GameSpot, Metacritic, TV Guide sites hit

1 min read

Four months after buying the entertainment and gaming site for nearly $50 million, Fandom has made an unspecified number of layoffs at GameSpot, Giant Bomb, Metacritic and TV Guide.

Several employees of websites affected by the job cuts posted on social media about the layoffs on Thursday. Fandom declined to comment on the layoffs.

Among those who said they were laid off were GameSpot entertainment editor Matt Elfring; Giant Bomb video producers Jess O’Brien and Jason Ostreicher; Stuart Kimball, Associate Video Producer at GameSpot; Mason Downey, GameSpot entertainment writer; and Justin Vachon, a graphic designer who has worked on Giant Bomb, GameSpot, TV Guide, and Metacritic.

In October, San Francisco-based Fandom announced a deal to acquire GameSpot, Metacritic, TV Guide, GameFAQ, Giant Bomb, Cord Cutters News and Comic Vine from digital marketing firm Red Ventures. Fandom paid roughly $50 million in cash for the property, sources said. In 2020 Red Ventures acquired TV Guide, Metacritic, GameSpot and Giant Bomb as part of its $500 million deal to buy CNET Media Group from Paramount Global.

Fandom was founded in 2004 by Jimmy Wales, co-founder of Wikipedia, and entrepreneur Angela Beasley Starling. In 2018, Fandom was sold to a company backed by venture-capital firm TPG, led by John Miller.

Leave a Reply

Your email address will not be published. Required fields are marked *