Protocol, the upstart technology news website launched by former Politico owner and publisher Robert Allbritton in early 2020, will shutter later this week and lay off dozens of staffers, people familiar with the matter told CNN.
Robert Allbritton, the owner of Politico, is weighing a lucrative payday against maintaining full control over a widely read Washington news site.
Allbritton Decides To Change The Channel
Joe L. Allbritton built a media dynasty in Washington by investing in the television business. His son, Robert, seems intent on reshaping his father’s legacy by getting out of it.The younger Allbritton said in a memo that the company will concentrate on new media, including Politico, its successful politics website and newspaper. “This is the Golden Age of new media innovation, and I intend to stay on the leading edge of it,” he wrote in a dispatch to company employees.