Add FanRag (terrible name) to the long list of new media companies that made big hiring splashes, only to lose money, then undertake a series of job cuts and eventually close its virtual doors. They sold some of their assets, including Jon Heyman, to a company I had never heard of, Fancred.
Interesting that FanRag’s (recently renamed to FRS) CEO Craig Amazeen headed Scout as it became insolvent and was sold via bankruptcy court to CBS early in 2017. Guess he is becoming a shutdown specialist.