Last week, Quartz, the finance publication co-founded by Zach Seward in 2012, was sold by G/O Media to a Canadian software company. All the editorial staff were fired. In a blogpost, Seward writes about Quartz's journey from thriving enterprise to "zombie brand." It's a story that has been repeated across journalism for years now, but Seward sees some hope in the ascendant non-profit media scene. "The media business often feels like a battle between idealists and cynics," he writes. "Most of my favorite news startups of the current era have chosen the non-profit path, which has its own major challenges, but at least cynicism is not one of them."
