Pitchfork was bought by Condé Nast
Pitchfork was just acquired by publishing giant Condé Nast for an undisclosed sum. From the The New York Times:
Pitchfork is incredibly fortunate to have found in Condé Nast a team of people who share our commitment to editorial excellence," Ryan Schreiber, Pitchfork's founder and chief executive, said in a statement. "Their belief in what we do, combined with their additional expertise and resources, will allow us to extend our coverage of the artists and stories that shape the music landscape on every platform."
The site's influence has been growing in recent years, and it has developed a reputation for being able to bolster the careers of artists with a positive review.
In an email to its staff, Condé Nast's chief executive, Bob Sauerberg, said the deal "reinforces our commitment to building Condé Nast's premium digital network, focusing on distinctive editorial voices and engaging high-value millennial audiences."
Condé Nast say print mag The Pitchfork Review will continue too.
According to Wikipedia, Conde Nast also owns Vogue, W, Glamour, Allure, Self, GQ, Details, Golf Digest, Bon Appetit, Wired, The New Yorker, Vanity Fair and more.
Meanwhile, the Village Voice just got a new owner too.