Not dead but greatly diminished, Amplify was sold in September by News Corp. to its management team “supported by a group of private investors.” The news came just days after the announcement that Amplify would layoff 500 employees and a little over a month after News Corp. had announced that it had written off a whopping $371 million in losses from Amplify over the past year.

Originally published at www.edsurge.com on November 11, 2015.