Posted on 08/30/2017 3:03:27 AM PDT by Enchante
The Newseum's perennial financial woes once again spilled out into public Monday night after The Washington Post reported that the museum's president, Jeffrey Herbst, was stepping down as its board takes a long, hard look at the books.
The audit could trigger a sale of the Newseum, a spectacular (and costly) mecca for news lovers on 555 Pennsylvania Ave in Washington, D.C., according to The Washington Post's Margaret Sullivan. Keeping the Newseum afloat has required more than $500 million from its creator, The Freedom Forum, and it hasn't become a self-sustaining enterprise:
(Excerpt) Read more at poynter.org ...
Another Gannett & McPaper fabulous flop because people know that “news” is only a re-package of lib talking points designed to serve only one perspective and they know a “Newseum” is only going to be a series of displays recording a series of lies.
The audit could trigger a sale of the Newseum, a spectacular (and costly) mecca for news lovers on 555 Pennsylvania Ave in Washington, D.C., according to The Washington Post’s Margaret Sullivan. >>>>>>>>>>>>>>>>>>>>
Tank you MSM propaganda machine.
The Newseum is a propaganda machine created for the very crucial function for the Liberal Fascist left in America TO REDEFINE HISTORY, spin it away from the truth, and to laud those leftist “reporters” such as Dan Rather who would rather lie than tell the truth.
I celebrate when a liberal fascist institution bites the dust! But the likely outcome will be that Soros will fund it, in order to bring about HopeNchange, the next totalitarian utopia..Goebbels showed these treasonous dogs the way.
TANK NEWSEUM, TANK!
Read up on Liberal Fascism here:
Barrack Obama: The Quintessential Liberal Fascist
http://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html
“News Lovers” equals nursing home residents (who still think Walter Cronkite is broadcasting), basement dweller millenials, and other assorted brain-dead kool aid drinkers.
This is not a great pool for fund-raising.
Remember—according the Newseum reporters Oswald did it alone and Ruby did it because he loved Jackie....
I believe you can go back a full decade and find reports that the Newseum was in financial woes (probably short at least a million every single year).
Their income was based on the $24 a head entry fee, and rental of space for special events. Added to this mess...the most recent CEO was a guy with no real background in business.
I went to the Newseum back in 2010...just shaking my head after paying the entry fee, and finding mostly just a paper-headline poster atmosphere throughout the whole place. By the end of the first hour...I felt silly paying that much for ‘nothing’. I seem to remember that just a coffee and slice of cake was in the $9 range. I left at the 2nd hour. Total waste. No one ever goes back for a second visit.
Few people realize it but they started in the mid-1990s over in Arlington at a lesser establishment (but close to a subway point). When the property came up in DC (half-way between the White House and Congress)....this became a must-acquire situation and the rest is history.
All that said...the $450-million building is huge and classy. I think it’s worth today in the range of $600 million but only with the right buyer. My guess is that either Facebook or Google will buy the building, and the Newseum folks will move back across the river into Arlington....to a lesser building, and cut 50-percent of the 260 staff members. They can survive but not with all these $100k per year employees.
Maybe Jeff Bezos will buy it to complement his WaPo vanity project. He can do a lot of propaganda....
The best things to see in Washington are free. Smithsonian, National Gallery, all of the monuments, Library of Congress, National Archives, Arlington National Cemetery. I just shook my head at the business decision to open such a place right in the middle of the free stuff. I always thought it was just a monument to high opinion the media had of themselves.
I hope it fails miserably, deep in the red, and Trump buys the building for pennies on the dollar and opens another hotel.
“Remember—according the Newseum reporters Oswald did it alone and Ruby did it because he loved Jackie....”
So they got two things right at least!
There’s nothing older than yesterday’s news.
I was still in the newspaper biz when the Newseum opened its doors.
At the time, I thought it was another example of the sort of self-congratulatory behavior that media people indulge in without much reference to reality.
Over 25 years in the biz, I had grown used to routine wastes of time and money. For example: Temporarily taking reporters, editors, and photographers away from their regular duties in order to put together the annual journalism award portfolios.
After all, it’s not like there’s anything worth covering on our regular beats. State Press Association glory beckons, so forget any enterprise reporting for a while.
But the Newseum seemed to be on another plane entirely. Call it waste and hubris translated into bricks and mortar.
Newseum? If affiliated with the WaPo wouldn’t it more accurately named the Liebrarium?
In 2006 I went to the Association of American Editorial Cartoonists convention in Washington DC. As part of our program, we who had attended were honored by having our award-winning cartoons displayed in the Newsium lobby for the week. The thoroughly ugly Helen Thomas spoke at our reception and, surprisingly, I could keep my cheese and wine down long enough to still take the tour following! I was not really very impressed.
good one!
Saw a section of the Berlin wall and the award winning photographs display was awesome.
The kiddos really enjoyed playing "broadcasters" after picking their backdrops and being filmed.
Tons of historical newspaper headlines and video of the landing on the moon, Kennedy assignation, WW I, II and Vietnam. We very much enjoyed it.
Couldn’t happen to a more deserving bunch. I guess patting themselves on the back with B S propaganda lies can only carry an operation just so far. Bye bye.
Couldn’t happen to a more deserving bunch. I guess patting themselves on the back with B S propaganda lies can only carry an operation just so far. Bye bye.
I haven’t been there so I don’t have much of an opinion on what they do. I simply think it’s odd that they have spent so many years in the red, without their board insisting upon making ends meet.... but I guess the Freedom Foundation was willing to continue with the subsidies until now.
Excellent!
It’s a crumbling monument to all the freak Goebbels’ propagandists infesting newsrooms across the country. Tear it down.
I was not impressed and it was hugely overpriced.
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