Someone else says it was focusing on their cable channel, which makes more sense to me (I didn’t know it existed).

It’s my understanding that pivot-to-video in terms of internet journalism has been a massive failure based on false Facebook metrics.

https://www.cjr.org/business_of_news/pivot-to-video.php

Sounds to me like they’re going to sell their journalism (studio) to other companies rather than release it themselves (distribution). Kinda like if Netflix created a TV show but then sold the streaming rights to Disney.

I’m happy if it means Dark Side of the Ring is spared, at least.