CNN —The Messenger, the upstart digital publication that hired hundreds of journalists and vowed to upend the news industry as a centrist outlet, will shut down less than a year after its high-profile launch, a person familiar with the matter said.
The collapse of the outlet, founded by media entrepreneur Jimmy Finkelstein, came as it tried to survive severe financial woes and broader industry headwinds.
Staffers at the outlet learned of its shuttering from The New York Times, which broke the news on its demise Wednesday afternoon, a person familiar with the matter told CNN.
“The economic headwinds have left many media companies fighting for survival,” he said.
“Unfortunately, as a new company, we encountered even more significant challenges than others and could not survive those headwinds.”
Persons:
Jimmy Finkelstein, Finkelstein, ”, ” Finkelstein, “
Organizations:
CNN, The New York Times
Locations:
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