Birdwatch Note Rating
2022-12-24 21:41:39 UTC - HELPFUL
Rated by Participant: E59A3BAD4522094AA29FD289AA95BBDAD9C368FE0B775478B887B0B68A1CDCCD
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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