Quartz has lost five key people in the past few months, including some who were key to its revenue diversification plan.Quartz has gone through rapid change since its sale a year ago to Japanese media company Uzabase, and some former employees said there was confusion among staff about the strategy behind the membership program.
Those helping lead Quartz's diversification efforts who left were Sam Grobart, who was in charge of Quartz's fledgling membership program, and his deputy, Sarah Kessler. Editorial people who left included Indrani Sen, who was head of Quartz's lifestyle content, Quartzy, which insiders said was a heavy traffic driver.Verizon Media revealed splashy plans for Yahoo Finance and Yahoo Sports. Here's what advertisers are saying about it.
Launched in 2012, the business news publication was widely admired as a mobile-first, digital-only outlet for global business people. It was known for experimenting with new ways to deliver news through chat bots and putting the user first with tightly written articles and so-called native ads that resembled articles rather than annoying banner ads.