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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Liberal Media Freaks Out as Tom Cotton Questions Coronavirus Origins
Mainstream media seems more concerned with Cotton’s questions than China’s censorship.
Mainstream media entities are claiming Republican Senator Tom Cotton is trafficking in “conspiracy theories” for questioning the source of the coronavirus’ origins.
Cotton has questioned the official narrative stating that the deadly coronavirus outbreak originated in a wet food market in Wuhan, China. He’s suggested that it’s possible the disease originated in a Chinese government “superlab” a few miles away that conducts research in human infectious diseases.
Cotton has pointed out that the Chinese government is consistently declining offers of scientific and medical aid to combat the lethal epidemic, raising suspicions as to their transparency.
Such a suggestion is enough to label Cotton a “conspiracy theorist” in the eyes of outlets such as Slate and the New York Times. A headline from the Times called Cotton’s question a “fringe theory,” even though Cotton references epidemiologists who believe the virus didn’t originally enter human transmission at the food market. The Washington Post also ran a story Monday claiming that Cotton is trafficking in conspiracy theories.
It’s remarkable that nominally respectable media entities such as the New York Times are quick to dismiss entirely plausible theories of the coronavirus’s origins. If anything, an official narrative on the virus’s origins from the authoritarian communist government of China should be treated with inherent skepticism, especially considering that China is widely suspected of covering up the gravity of the situation and even arresting reporters who seek to document the epidemic and the government’s response.
Certainly it’s possible that the disease spread into humans from the consumption of animals such as bats, a prevailing theory for the virus’s origins. But the general public has no reason to entirely discount any plausible theory for the origins of the virus.
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