Gawker is selling/shuttering Consumerist.

It would be a shame if the Consumerist closes down. It's the only one in the Gawker stable of snarky sites that's of any use. The Consumerist not only points out the bad behavior of retailers and other companies, but holds their feet to the fire. Consumerist and its readers have built up enough voice and clout to stand up to companies that behave badly, oftentimes resulting in positive changes.

One commenter quoted from Gawker (didn't find the source quote):

"Of 18 titles launched at Gawker Media, we've already spun off or shuttered six. Even now, 91% of advertising revenues come from the top six remaining titles. ... It's time to choose which properties make it aboard the lifeboat."

As another commenter noted:

"Irony at it's best. You would figure a company blogging about the downturn would be able to keep THE blog about how it affects our consumerism habits in the green."