https://archive.fo/MGaVF
Not an explicit admission but enough. They're going into it as a vanity project knowing the site won't turn a profit, but they couldn't pony up the cash to buy it let alone invest enough to get it in the black. So they partnered with Destructoid, a competing site run by a minicow with a proven track record of behaving like every other male feminist with a teeny-tiny sniff of influence. The first priority is to get rid of the one advantage the site could bank on to generate revenue, guaranteed content exclusivity through IP ownership, and their second priority is to get rid of the few people that still come to the site and any reason for them to come back.
Since they're playing with OPM they have no real fiscal incentive to turn the site into a success, but they have every reason -- favors, cred, industry connections, competitor elimination -- to run it into the ground. The whole thing reeks of corporate raid.