Posted on 01/19/2024 12:26:16 PM PST by ChicagoConservative27
The far-left Washington Post and Los Angeles Times are losing tens of millions of dollars annually.
Tee hee.
After decades of spreading bias, lies, conspiracy theories, and political violence, the chickens have finally come to roost at these dreadful publications.
“A new report saying billionaire Patrick Soon-Shiong has sunk hundreds of millions of his own money into an unprofitable Los Angeles Times underscores how desperate the news industry is to chart a plan for survival in the digital era,” reports the equally dreadful Axios.
(Excerpt) Read more at breitbart.com ...
Lloyd Bridges: It looks like I picked the wrong week to forget to buy kleenex.😢
Past budgets have been including earmarks for newspapers on the “approved print media outlets” list of leftist institutions. Tens of millions.
Remember this. Government only rewards failure.
When you’re funded by the derpstate for the sole purpose of pushing the derpstate agenda, the numbers on the “official” books is meaningless.
The New York Post seems to be doing well. I get it every day and will continue to do so as long as it is always critical of biden and the democrats.
Like Disney, l expect Blackrock/Vangaurd/Soros will cover any losses. Disney lost almost a Billion but they were covered because the agenda is all that matters.
Control a thirty trillion dollar economy and the world’s most expensive military, in exchange for a few hundred million per year ?
Seems worth it.
As soon to be doomed Maury said in Goodfellas.....”eff em...effe em in the ear”
Like Disney, l expect Blackrock/Vangaurd/Soros will cover any losses. Disney lost almost a Billion but they were covered because the agenda is all that matters.
Is it that they are far-left or is because newspapers are going the way of the buggy whip, yesterday’s technology that no one uses anymore?
Hey, if you print lies and false crap all the time why would you expect anyone to pay to read it?
Yes they could mend their problem if they printed the truth but propaganda has a higher bidder.
DNC turns lights out
Bingo! Great insight. (We agree!)
Not surprising because, as Dennis Prager noted yesterday, you only need access one source in the Leftist media universe as the content of the article is essentially the same in any other Leftist media source.
“When you’re funded by the derpstate for the sole purpose of pushing the derpstate agenda, the numbers on the “official” books is meaningless.”
And the taxpayers. They won’t miss a beat or forget to print one falsehood.
Soros will happily prop them up, if he isn’t already.
If all the newspapers go under what will we line the bird cages, cat litter boxes and wrap fish with?
Disney doesn’t need to be covered. They have billions in retained earnings.
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