Scribe Media has resumed at least some operations, and has reactivated some of their social media promotions and campaigns, after massive layoffs earlier this year. Though the company was looking for a buyer — and a small investment firm signed a letter of intent to acquire Scribe’s assets if they could get financing –there is no sign of that happening. According to a post in mid-July, prospective buyer Enduring Ventures had concluded during due diligence, like many others, “that the situation was a lot worse than our initial understanding.” Instead, they have “a consulting agreement…which allows us to work on […]
