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Gawker’s Denton: ‘Better to Sober Up Now, Before the End of the Party’

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Gawker Media overlord Nick Denton on the company’s shakeup [via a New York Times article to be published Monday]:

“We are becoming a lot more like a traditional media company,” Mr. Denton said last week. “You launch a site, you have great hopes for it and it does not grow as much as you wanted. You have to have the discipline to recognize what isn’t working and put your money and efforts into those sites that are.”

Want more Denton? The Huffington Post’s Eat The Press has published a copy of Denton’s forthcoming post on the matter.

A Blog Mogul Turns Bearish on Blogs [NYT]

EARLIER: Oxfeld On Gawker Tenure: ‘I Was Brought In Explicitly To Bring Gawker Back To Its Original Inside-Media Mission, And I Think I Did That’
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Oxfeld Out In Gawker Shakeup

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