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What do Grid employees think about the acquisition?Ī Grid spokesperson directed me to The Messenger’s spokesperson. In doing so, we aim to earn your trust and rekindle your passion for media. The Messenger is founded on the belief that it is not our role to shape or alter the news, it is our role to deliver the news with an unflinching dedication to accuracy, balance and objectivity. Those days are over, and the fact is, I want to help bring those days back.” Or we all couldn’t wait to get the next issue of Vanity Fair or whatever other magazine you were interested in. “I remember an era where you’d sit by the TV, when I was a kid with my family, and we’d all watch ‘60 Minutes’ together. Powered by one of the largest digital newsrooms in the country, The Messenger’s coverage will span news, politics and all our readers’ most important passion points, from sports and entertainment to technology, health and business.įinkelstein recently told The New York Times that he hopes The Messenger ( aka TheMessenger.) will recreate the media of the past: The Messenger’s LinkedIn page describes it asĪ new digital news media company, launching May 2023, whose mission is to deliver accurate, balanced, non-partisan news and information. Finkelstein has raised $50 million to launch the site this May. The Messenger is a forthcoming digital news site founded by Jimmy Finkelstein, the wealthy 74-year-old media entrepreneur and former owner of The Hill. Second part of the release: As part of the deal, the UAE-based fund IMI has invested in the parent company of the Messenger /dHryUf3lBn

Grid CEO and cofounder Mark Bauman stepped down last November amid what Axios’s Sara Fischer described as “slow revenue growth” and struggles to build an audience. McGann also hosts a weekly podcast, “ Bad Takes,” with editor-at-large Matthew Yglesias, and the site has one daily and three weekly newsletters.

Grid’s “ About us” page currently lists 50 staffers, including 13 reporters, and publishes around 5 stories a day. The site touted its “creative formats,” like the “360,” which would examine news stories via “multiple lenses, including science, economics, misinformation, the law, politics, technology, identity and global.” “Grid is meant for people like you and me who follow the news but want something more,” cofounder and executive editor Laura McGann, the former politics editor of Vox.com and Politico, wrote at launch. The Washington, D.C.–based Grid launched in January 2022 with a mission to provide a “fuller picture” around big news stories. A little over a year after its launch, the news site Grid is being absorbed into The Messenger, a forthcoming news site that plans to employ 550 journalists within a year while changing “ the face of the media landscape.” What is Grid?