Saw a tweet about problems at Scout last night. It had a link to an article on 'Awful Announcing' that indicated that they had fired the Chairman and that Russian investors had 'taken over.' Doesn't sound good. Apparently, the whole 'platform team' and founders resigned. See story here.
There appear to be some bizarre things going on with Scout Media Inc. and its network of sports websites (particularly recruiting-focused ones, but they’ve expanded into other areas as well). Awful Announcing has obtained a letter the Scout board sent to Scout publishers Sunday night, saying that they’d terminated the employment of chairman Jim Heckman for cause and alleging that he had “advanced his own personal interests at the expense of the company’s” and “abused his access to and control of company funds.”
There appear to be some bizarre things going on with Scout Media Inc. and its network of sports websites (particularly recruiting-focused ones, but they’ve expanded into other areas as well). Awful Announcing has obtained a letter the Scout board sent to Scout publishers Sunday night, saying that they’d terminated the employment of chairman Jim Heckman for cause and alleging that he had “advanced his own personal interests at the expense of the company’s” and “abused his access to and control of company funds.”
