Birdwatch Note Rating
2022-12-25 03:20:47 UTC - HELPFUL
Rated by Participant: 8218E704E3BB4AF17A6AB5DB7B3A16434ED6E2B116BEFB62E76DB684004A3C7C
Participant Details
Original Note:
CollegeHumor did not officially go out of business; in 2020, IAC, their holding company, dropped funding for them, but allowed CH Media CEO Sam Reich to purchase them outright. This led to waves of significant layoffs. https://twitter.com/samreich/status/1214985379343822849?s=46&t=YQwqa2WJOvlsxuFY6QDkUQ They have since rebounded with new business models.
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