Deadspin Sold to New Owner; Entire Staff Laid Off as Site Takes New Direction
- Deadspin sold by G/O Media to new parent company Lineup Publishing
- Entire Deadspin staff laid off and not retained by new owner
- New owners plan a different content approach and editorial vision
- Deadspin staff locked out of accounts and made to leave immediately
- Sale included a "sizable premium" over original purchase price