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Verizon scrambling to unload HuffPost as losses mount
New York Post ^ | Sep. 28, 2020 | Alexandra Steigrad

Posted on 09/28/2020 7:14:34 PM PDT by ConservativeStatement

Verizon has been quietly scrambling to unload HuffPost as it grapples with continued losses at the left-leaning news and culture website, The Post has learned.

The telecom giant — which acquired the site formerly known as the Huffington Post as part of its $4.4 billion purchase of AOL in 2015 — has approached multiple digital-media companies during the past few months in a bid to get the property off its books as losses accelerate due to the coronavirus, according to sources close to the situation.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: huffingtonpost; huffpost; hufftoast; liberalagenda; poeticjustice; verizon; wellbye
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Hopefully this leads to an avalanche of companies re-examining their policies and associations with lefty groups. Enough is enough. Everything from unbearable TV ads to sleeping with maniacal groups is part of the brainwashing procedures.
1 posted on 09/28/2020 7:14:34 PM PDT by ConservativeStatement
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To: ConservativeStatement

I didn’t know Verizon owned HuffPost. Perhaps AT&T could spin off CNN, and the two losers could pair up.


2 posted on 09/28/2020 7:15:35 PM PDT by Pearls Before Swine
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To: ConservativeStatement

>> in a bid to get the property off its books as losses accelerate due to the coronavirus

Coronavirus has nothing to do with it. HuffPoo didn’t sell tickets to live events or depend on brick and mortar sales.

Their product is failing of its own accord.


3 posted on 09/28/2020 7:17:56 PM PDT by a fool in paradise (Joe Biden- "First thing I'd do is repeal those Trump tax cuts." (May 4th, 2019)l)
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To: ConservativeStatement

Just shut it down and cut your losses.

The country would be better off for it.


4 posted on 09/28/2020 7:18:54 PM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents|Know Islam, No Peace-No Islam, Know Peace)
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To: a fool in paradise

Good point, internet based has benefited while brick and mortar has suffered from the China Virus.


5 posted on 09/28/2020 7:20:37 PM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents|Know Islam, No Peace-No Islam, Know Peace)
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To: a fool in paradise

Uh, and wouldn’t sonethijbg like that have more traffic the more people are home??

Wonder if FR has been busier?


6 posted on 09/28/2020 7:20:43 PM PDT by CottonBall (A Republican's power comes from your prosperity. A Democrat's power comes from your poverty.)
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To: ConservativeStatement

A politico reporter I used to follow about the House went to HuffPost and turned to garbage.
He was always liberal, but became unbearable and, worse, useless.


7 posted on 09/28/2020 7:24:28 PM PDT by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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To: ConservativeStatement

Newsweak sold for $1 so they better hurry before the election.


8 posted on 09/28/2020 7:28:25 PM PDT by samadams2000 (Get your houses in order.)
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To: Pearls Before Swine

Yup, and Comcast lose all of NBC


9 posted on 09/28/2020 7:28:40 PM PDT by Gene Eric (Don't be a statist!)
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To: Lurkinanloomin

I don’t think that H-P even has a print newsstand edition of their tripe.


10 posted on 09/28/2020 7:29:02 PM PDT by a fool in paradise (Joe Biden- "First thing I'd do is repeal those Trump tax cuts." (May 4th, 2019)l)
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To: ConservativeStatement
My advice to HuffPost?
Learn to code.

 
11 posted on 09/28/2020 7:33:15 PM PDT by Governor Dinwiddie (Guide me, O thou great redeemer, pilgrim through this barren land.)
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To: ConservativeStatement

Arianna and her late “husband” who turned out to be a homosexual, Michael Huffington, a guy who got rich off of natural gas (no pun intended) deserve everything they got, or did not get. My heart bleeds.....


12 posted on 09/28/2020 7:34:30 PM PDT by Fungi
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To: ConservativeStatement
here's a perfect chance for the RATS that work there to buy the thing and Own The Means Of Production that they are always prattling on about and show the world how communism really works... thing is, they know better
13 posted on 09/28/2020 7:34:34 PM PDT by Chode (Send bachelors and come heavily armed.)
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To: ConservativeStatement

Verizon is a big BLM supporter so screw them.
I hope this Huff boat anchor drags them down.


14 posted on 09/28/2020 7:35:41 PM PDT by hercuroc
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To: ConservativeStatement

The Huffington Post. I remember when they used to be a credible source of liberal lies and propaganda. Now I never see them anywhere.

Too irrelevant to even be of any concern.


15 posted on 09/28/2020 7:38:10 PM PDT by Responsibility2nd (Click my screen name for an analysis on how HIllary wins next November.)
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To: Pearls Before Swine
I didn't realize Verizon owned Huff Post either.

Now I'm really happy I dropped Verizon in August and now I'm with Pure Talk. Cut my phone bill by 2/3rds!
16 posted on 09/28/2020 7:38:39 PM PDT by Dan in Wichita
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To: ConservativeStatement

Another left wing media corp. going belly up!


17 posted on 09/28/2020 7:39:05 PM PDT by Grampa Dave (3 NOV 2020! VOTE JOBS! NOT RIOTING BLM/ANTIFA/DEM/MOBS! /POLICE FOR US! NOT JUST FOR THE ELITE!)
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To: samadams2000
Newsweak sold for $1 so they better hurry before the election.

Maybe Democratic Underground will get a bid for two dollars.

18 posted on 09/28/2020 7:39:31 PM PDT by Right_Wing_Madman
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To: Pearls Before Swine

Thought Verizon bought AOL from ATT? Maybe wrong?


19 posted on 09/28/2020 7:47:25 PM PDT by Lumper20 (Our Congress must be stripped of FERS and their AFGE union insurance)
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To: ConservativeStatement

20 posted on 09/28/2020 7:47:31 PM PDT by Extremely Extreme Extremist (Trust the plan of the 17th letter of the English alphabet!)
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