Plug Pulled On DNAinfo, Gothamist, Chicagoist, LAist And Other Local News Sites

November 13, 2017

Business Insider reports that Joe Ricketts, the billionaire owner of TD Ameritrade and a major Republican donor, abruptly shut down the network of local publications he owned last week after two of them — Gothamist and DNAinfo (both publications covered Harlem) — attempted to unionize.

In a letter on Thursday that populated the landing pages of the websites, Ricketts cited the financial burden the network of publications were under, saying that “progress hasn’t been sufficient to support the tremendous effort and expense needed to produce the type of journalism on which the company was founded.”

DNAinfo is, at the end of the day, a business, and businesses need to be economically successful if they are to endure,”

DNAinfo is, at the end of the day, a business, and businesses need to be economically successful if they are to endure,” Ricketts said.

Gothamist, DNAinfo, Chicagoist, DNAinfo Chicago, DCist, and LAist, were all abruptly shut down, and the archives of years of posts were inaccessible as of Thursday evening.

Employees reacted in shock, learning about the termination of their sites in an email sent to staff around the same time Ricketts’ letter was posted on the homepage of several sites.

The move came just a week after DNAinfo and Gothamist employees voted to unionize, which appeared to affect management’s decision.

A spokesperson for DNAinfo told The New York Times that the “decision by the editorial team to unionize is simply another competitive obstacle making it harder for the business to be financially successful.”


For its part, management had voiced its opposition to a union. DNAinfo‘s chief operating office said the union might be the “final straw that caused the business to close,” while Ricketts himself penned a blog post titled “Why I’m Against Unions At Businesses I Create.

The move immediately sparked criticism online.

Some observers argued that Ricketts, a deep-pocketed Republican donor who has thrown millions into political campaigns, was hypocritical for penny-pinching at relatively low-cost publications.

Others noted that Ricketts had not seemed as concerned about the rising costs when he bought Gothamist in early March.


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
We're your source for local coverage, we count on your support. SUPPORT US!
Your support is crucial in maintaining a healthy democracy and quality journalism. With your contribution, we can continue to provide engaging news and free access to all.
accepted credit cards

Leave a Reply

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

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles