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This article was published on February 6, 2009


    Shiny Media: Not So Shiny Today

    Shiny Media: Not So Shiny Today
    Zee
    Story by

    Zee

    Former CEO of The Next Web. A fan of startups, entrepreneurship, getting things done faster, penning the occasional blog post, taking photos Former CEO of The Next Web. A fan of startups, entrepreneurship, getting things done faster, penning the occasional blog post, taking photos, designing, listening to good music and making lurrrve.

    shiny7feb2008-tm
    Founders from Left to Right: Chris Price (remains), Katie Lee, Ashley Norris

    Shiny Media, the UK’s answer to Gawker Media, has taken a severe knock today with the loss of a number of staff and their second co-founder Katie Lee. 

    Mike Butcher at Techcrunch UK received an email notifying him of the news which I have republished below.

    August of last year so the loss of the first co-founder Ashley Norris who wrote a highly controversial discussion piece on TCUK, essentially highlighting the reasons why (he felt) blog publishing/networks ‘failed’ in the UK – well worth a read.

    Moving Shiny forward

    You don’t need me to tell you that that we are in the midst of some very tough times and sadly they affect new media networks like Shiny too.

    We have held on as long as we could without restructuring the business but we now have to make those changes to secure the long-term stability of Shiny.

    It is with huge regret that we are having to part company with several members of our team. They are very talented and extremely likable individuals, however ultimately in the current climate we are faced with no choice but to let them go.

    We also announce today the departure of our editorial director and co-founder Katie Lee from Shiny. Katie played a massive role in developing Shiny and in particular several of its hero blogs. She has now decided that the time is right to leave the business. She does however remain a significant shareholder in Shiny and we are very grateful for all she has done over the years.

    Shiny is a British new media success story. We have built a stable of great media brands that between them attract over three million readers each month. Times maybe tough now, but we are confident that this move, though painful in the short term, will leave us well placed to thrive and prosper in the future.

    Shaftesbury Ave
    London
    www.shinymedia.com

     

    Picture Credit – Guardian

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