BUSINESS
Layoffs at Spin Media Group's Spin, Stereogum & Vibe
9/16/2019
by
Billboard Staff
Valence Media made a round of editorial layoffs at Spin Media Group on Monday (Sept. 16), letting seven employees go across the Spin, Stereogum and Vibe brands.
The decisions were made in conjunction with a pivot in business and content strategy, a source close to the situation tells Billboard, noting the publications still remain committed to music. No additional details were made available.
Spin Media Group is owned by the Hollywood Reporter-Billboard Media Group and its parent company, Valence Media. The Hollywood Reporter-Billboard Media Group employs more than 400 staff members.