Diller’s company, IAC, has reportedly hired the advisory firm Whisper Advisors to explore the sale.
But the site has also struggled financially, turning to digital subscriptions to grow revenue. Currently, the company charges $4.99 a month for unlimited access to its coverage, while offering an advertising-supported crossword puzzle five times a week.
The gossip and news site is currently the subject of a lawsuit against a former editorial director of Gawker, who
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