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Gawker Buys Cityfile, 'Cans' Own EIC

Marking a particularly eventful week for Gawker Media, the company has acquired Cityfile -- which catalogs New York media and business notables -- and replaced the editor of its flagship site, Gawker.com, with Cityfile founder and former Radar magazine editor Remy Stern. The soon-to-be-ex-Editor-in-Chief Gabriel Snyder said in an internal memo that he's being "canned" after about 18 months in his post.

Gawker Media founder Nick Denton told The Wall Street Journal's Digits blog that he was actually "satisfied" with Gawker's editorial direction. The problem? "We wanted to acquire Cityfile and merge it into Gawker," said Denton. "There were two editors and only one job." According to Denton, Cityfile will help Gawker Media "to compete more effectively with reference sites ... We and they are in a battle for position in Google search results."

Read the whole story at The Wall Street Journal »

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