The fake news outlets that have been cheering on state-wide quarantines and submission to shutdown policies may be unwittingly supporting their own demise.
Just over the past week, outlets such as BuzzFeed, VICE, The Economist and Quartz have had to lay off hundreds of workers. Journalists on Twitter are bemoaning the death of their racket, which they value as being more important than the livelihoods of millions of other Americans who are suffering during the pandemic.
This was such a horrible week.
Condé Nast: 100 layoffs + 100 furloughs
BuzzFeed: ~ 20 furloughs
Quartz: 80 layoffs
Vice: 155 layoffs
The Economist: 90 layoffs
— Kerry Flynn 🐶 (@kerrymflynn) May 15, 2020
Vice Media, which was once ridiculously overvalued to the tune of $5.7 billion, suffered the worst losses over the past week. The notoriously crass and foul outlet is feeling the pinch as nobody wants to read about transgender dildo roller derby during a legitimate crisis.
“Currently, our digital organization accounts for around 50 percent of our headcount costs, but only brings in about 21 percent of our revenue,” chief executive Nancy Dubuc said in a memo. “Looking at our business holistically, this imbalance needed to be addressed for the long-term health of our company.”
“Publishing right now is difficult across the whole industry — plain and simple — and the pandemic has intensified the tensions we all know exist between publishing and advertising,” she wrote.
While the media industry is going broke, there is a rising tide of populist anger against fake news journalists who have deceived the people throughout the coronavirus crisis and driven the population into mass hysteria with their biased and irresponsible reporting.
The level of anger directed at the media from these protestors was alarming. As always, I will tell a fair and unbiased story today. pic.twitter.com/5jCR0YY9VH
— Kevin Vesey (@KevinVesey) May 14, 2020
The coronavirus may be accelerating the effects, but Big League Politics has been reporting on the death of the fake news media for many years:
The massive communications conglomerate, Verizon is reportedly scrambling to unload HuffPost, the liberal news entity that was once seen as being on the cutting edge of the digital news landscape before waning substantially in recent years.
AOL bought HuffPost back in 2011 for $315 million, and then Verizon gained control over the leftist news site after they acquired AOL in 2015 for a stunning $4.4 billion. They are now looking to dump it as the public grows weary of fake news, particularly the site’s biased and deceptive coverage against President Donald Trump.
Verizon should expect to get nowhere near the $315 million that AOL paid for the site back when investors believed that leftist media entities had value. The correction in the marketplace has been sharp, and Verizon is learning that the hard way. They had to unload the leftist-dominated social media site, Tumblr for under $20 million in August after inheriting it following the purchase of Yahoo for $4.7 billion in 2017. Yahoo had paid a whopping $1.1 billion for Tumblr in 2013.
The news comes after industry-wide layoffs have shaken the fake news industry, with HuffPost being one of many digital media entities to take a massive hit. BuzzFeed and Vice are two other outlets that have had to downsize substantially this year.
It may be time for these obsolete propaganda writers to learn to code.
SHAMEFUL: Fox News Censors Newt Gingrich for Correctly Stating George Soros’ Role in Fomenting BLM Terror
Et tu, Fox News?
A Fox News panel lost their minds earlier today when former House Speaker Newt Gingrich mentioned George Soros’ role in supporting Black Lives Matter and ANTIFA terror displays.
Gingrich told Fox News host Harris Faulkner that it is district attorneys funded by George Soros who are responsible for the violence because they routinely allow violent rioters to be back on the streets. This is when the situation became extremely awkward and tense.
“I’m not sure we need to bring George Soros into this,” left-wing panelist Marie Harf interjected.
“He paid for it,” Gingrich responded.
“George Soros doesn’t need to be part of this conversation,” Harf commented.
“Okay,” Gingrich said confusedly. “So it’s verboten.”
“Alright, we’re good,” Faulkner said to cut Gingrich off. The clip ended with a bizarre period of silence before Faulkner tersely changed the subject.
Fox News panel melts down when Gingrich calls out Soros pic.twitter.com/fntofzyMh4
— Jewish Deplorable 🇺🇸 (@TrumpJew) September 16, 2020
While it may be expected that a liberal commentator might not want to discuss Soros, the fact that Faulkner – a supposedly non-biased straight news anchor – would carry water for the progressive oligarch is highly disconcerting.
Of course, Gingrich brought up a great point about Soros bankrolling far-left DAs who protect rioting terrorists at war with the Bill of Rights and Constitution.
Big League Politics reported on how a Soros front ponied up a large donation to St. Louis Circuit Attorney Kim Gardner after she vowed to prosecute the McCloskey family for standing up for their rights against a left-wing mob coming to their doorstep:
A front funded by far-left billionaire George Soros has issued a $78,000 donation to the re-election campaign of St. Louis Circuit Attorney Kim Gardner, who is currently investigating the McCloskey family for defending their property against a marauding mob outside of their home.
The Missouri Justice & Public Safety PAC made the donation. This is a Washington, D.C.-based entity that also papered over Gardner’s campaign in 2016. They have apparently re-branded from “Safety and Justice PAC” to “Missouri Justice & Public Safety PAC” in order to dupe voters that they are a state-wide organization. Soros’ minions admit the oligarch’s collaboration with the fronts.
“Yes, it’s no secret we contribute to Safety and Justice PACs,” Soros spokesman Michael Vachon, said to Just the News. “We are for criminal justice reform.”
Gardner is railroading the McCloskeys after they were forced to confront left-wing terrorists who had barged through a gate and were threatening their home. The McCloskeys have had their home raided, their firearms confiscated, and their lawyer expects Gardner to officially file charges against them in the days to come.
“I believe the charges are imminent based upon Gardner’s past administrative actions and I believe any charges filed are wholeheartedly unwarranted,” said St. Louis attorney Joel Schwartz, who is serving as legal counsel for the McCloskeys.
Mary Pat Carl, a lawyer who quit her job as a homicide prosecutor after Gardner won election, is attempting to unseat Gardner. She claims that nearly 40 percent of prosecutors have resigned under Gardner’s stewardship, showing how disastrous her tenure has been for the rule of law and public safety.
President Donald Trump has more frequently accused Fox News of being a tool for the globalists in recent months.
.@FoxNews just doesn’t get what’s happening! They are being fed Democrat talking points, and they play them without hesitation or research. They forgot that Fake News @CNN & MSDNC wouldn’t let @FoxNews participate, even a little bit, in the poor ratings Democrat Debates…..
— Donald J. Trump (@realDonaldTrump) April 26, 2020
….fraud @donnabrazile (and others who are even worse). Chris Wallace is nastier to Republicans than even Deface the Nation or Sleepy Eyes. The people who are watching @FoxNews, in record numbers (thank you President Trump), are angry. They want an alternative now. So do I!
— Donald J. Trump (@realDonaldTrump) April 26, 2020
Based on their covering for Soros’ role in supporting ANTIFA/BLM terrorists, Trump seems to be correct in his assessment. Fox News has been subverted by globalists, and alternative “America First” cable outlets such as OAN and Newsmax need to be supported by Trump supporters.
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