Once-revered Salon Media, which owns Salon.com, a landing ground for far-left conspiracy theories, has made arrangements to be sold on the cheap amid financial struggles.
“The struggling company said in a Securities and Exchange Commission filing on May 8 that it reached a deal to sell itself to a company called Salon.com LLC,” according to The New York Post.
According to the report, the media organization will sell for a total of $5 million, with only $550,000 owed to the buyer at closing. The rest of the payment – $3.85 million – will be made in installments over a two year period.
According to The Post, even though the sale will be completed, the filing warned of bankruptcy.
“There can be no guarantee that the asset sale will be completed and, if not completed, we may have to file for bankruptcy and liquidation,” the filing said.
The company will reportedly sell its assets after the final sale.
The site was launched in San Francisco in 1995 mostly by employees embattled in the newspaper strike at San Francisco Examiner, The Post saod. In 1999, it was valued at over $100 million and went public, but has been has lost money ever since.
Salon.com attempted to built its brand catering to millennial social justice culture, which apparently has not worked out. Other leftist news rags like BuzzFeed, HuffPost, and VICE, also facing financial hardship, already have this market cornered.
“Toxic masculinity is like ‘a chronic illness’ — but it doesn’t have to be terminal,” said a recent headline.
“So many men are miserable jerks. I should know — I used to be one too,” said another.
“After my abortion I felt relieved — and I’m in the majority,” said another.
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WATCH: Trump ROASTS Acosta: “Go Ahead Jim, Try Another One”
The President shut down Acosta’s inane question.
President Donald Trump shut down CNN showman Jim Acosta’s attempts to insinuate strange conspiracies at Friday’s Presidential press briefing on the response to the Chinese coronavirus epidemic. Acosta demanded that the President reveal the exact location of Dr. Anthony Fauci, apparently believing that the federal medical advisor had been shut out of the coronavirus response.
President Trump had been discussing attempts to marshal medical facemasks from 3M, combating attempts by the nominally American company to export the needed equipment to foreign countries for profit. Acosta tried to divert from the relevant topic at hand with irrelevant questions about the participants of the press briefing.
“Where is Doctor Fauci?”
Watch the exchange here:
“Every time he’s not here… Sometimes I’ll ask him to come because that’s the first question that you and a couple of others from the fake news establishment ask… We’re doing great together.”
Of course the President isn’t required to account for the whereabouts of Dr. Fauci at all times. Key federal personnel overseeing the pandemic response have a wide range of responsibilities that prevent them from being present at every single daily press briefing.
Trump went on to line up Acosta for what likely would’ve been another political and irrelevant question, savagely telling the CNN operative to “Go ahead Jim, try another one.”
As Jim Acosta tries repeatedly to derail attempts to provide the American public with vital information about the federal coronavirus response, it’s probably worth considering temporarily (or permanently) suspending his press credentials in order to allow the near-daily briefings to focus upon policy substance.
Acosta has been suspended from the White House press pool before, following disruptive attempts to derail substantial briefings with political nonsense.
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