Aggrego CEO Tim Landon made an early investment in Journatic, Wrapports CEO Tim Knight told Poynter in a phone call, but "they had some disagreements about how to drive the team," he said.
"I fundamentally disagreed with Journatic's management's approach to the content and operating model," said Landon, who was also on the call. "I do believe in data and big data, but that’s not enough."
Journatic made structural mistakes, Landon said, "then you layer on top of that very poor decisions that were made in terms of managing content and integrity and managing third parties." Landon and his partners sold "most/all" of their investment in Journatic to Tribune, Wrapports says.
The Sun-Times is separate from Aggrego, company spokesperson Alisa Alexander told me, and Aggrego will not supply news to it. It had a partnership with Journatic's Blockshopper service but decided to wind it down last summer after fake bylines were discovered in Journatic-produced stories at other newspapers. The Tribune Co., whose Chicago Tribune competes with the Sun-Times, has made an investment in Journatic. (more...)