Chicago Sun-Times owner Wrapports LLC announced this week that it has launched a service called Aggrego, its own version of the troubled local news service Journatic, Lynne Marek reported in Crain’s Chicago Business Tuesday.
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.… Read more