“The Messenger, a news website that pledged to shake up the media industry with a playbook borrowed from the doomed publishing start-ups of yesteryear, will be closing down,” the New York Times reports.
“By closing less than a year after it launched, The Messenger will now be one of the biggest busts in the annals of online news.
And its collapse is the most substantial blow in recent months to the news industry, which is reeling from an unrelenting series of cutbacks.”