The tech website Gizmodo has been sold to a European media company, the latest brand from the publisher G/O Media to go out the door.
The buyer is Keleops Media, Jim Spanfeller, G/O Media’s chief executive, told the staff in an email on Tuesday.
Mr. Spanfeller did not disclose the financial details of the sale, but said that it represented “a substantial premium from our original purchase price for the site.” A G/O Media spokesman declined to comment.
Mr. Spanfeller said Keleops, which is based in France and Switzerland, had agreed to keep all of Gizmodo’s staff members, who would continue working in G/O Media’s New York office “at least for the near term.”“The site’s new owners are very excited to be getting a great brand with a talented group of journalists,” he wrote in the email, which was viewed by The New York Times.
Persons:
Gizmodo, Jim Spanfeller, O, Spanfeller, ”
Organizations:
Media, Keleops Media, O Media, The New York Times
Locations:
European, France, Switzerland, York