The last remaining co-founder of Shiny Media, Chris Price, spoke to paidContent:UK, following the announcement that Katie Lee would be taking redundancy from the company.
“When it got $4.5 million VC funding from Brightstation in January 2007, [Shiny] had decided to employ writers on staff but, faced with the economic climate, it will now shift to more of a freelance arrangement over time. The company has 30 active blogs; none is scheduled for immediate closure…” paidContent:UK reports.