Posted on 09/07/2016 1:06:59 PM PDT by MNDude
Glenn Beck’s financially troubled multimedia empire took another hit over Labor Day Weekend as Beck announced that Mercury Radio Arts, his privately held umbrella company, has abruptly stopped producing scripted film and television projects under his once-cherished subsidiary American Dream Labs.
In a statement posted on his website, Beck characterized the apparent shutdown as a “divorce” because American Dream Labs “needs to exist separate and apart from Mercury in order to spread its wings.”
The demise of the Beck subsidiary is the latest troubling development for a once-flourishing enterprise that in the past year has terminated nearly half its estimated 300 employees, lost cable distribution and advertisers as Cablevision dropped Beck’s daily programming, and suffered a steep drop in its online audience. In recent months, Mercury and its subsidiary, The Blaze, have become embroiled in cash-flow problems and costly litigation, notably against Beck’s former chief executive and ex-friend and confidant Christopher Balfe, whom Beck fired in December 2014 to make way for the promotion of tech entrepreneur Jonathan Schreiber.
(Excerpt) Read more at thedailybeast.com ...
I never understood the “love” crap...the world is not based on love...wish it was, but its not...
Then he went nuts.
I think this has happened before, more than once.
Some minor media figure taps into a vein of popular sentiment, starts to gain prominence.
Media figure has a certain legitimate amount of organizational skill in addition to on-air talent. Builds staff, lines up sponsors, some of whom are high net worth but very low profile.
Rapid growth for a while. Then media figure has some sort of epiphany, changes focus. Expects audience to follow him into his new reality.
Audience quickly evaporates. Behind-the-scenes backers give him the heave-ho. Media figure has some sort of breakdown, makes bizarre decisions. Staff heads for exits.
Her name is Tomi Lahren. And she can certainly do better than the Blaze. Fox is probably not an option anymore. Not sure where else she can go. Too bad she had issues at OAN.
In his case, “the human waste is a terrible thing to mind”
Oops I spelt it wrong. Good catch. I didn’t know she was even old enough to have a history elsewhere.
And some folks say that illegal drug use is a victimless crime. Heavy pot use leads to crazy.
Ya, like AlaskaErik said, “Not sure where else she can go”.
Beck is a mean spirited jerk (to put it nicely) with mental health issues. Nonetheless, he is an excellent author. I recently read the Immortal Nicholas and loved it.
More likely his mental illness led to drug addiction.
Toni was on OANN and left to go to the Blaze BIG MISTAKE!!!!
Maybe they’ll take her back. Or maybe she could go to RSB. That talent should not be squandered.
I’m good with that ;’}
cherry I agree I was ADDICTED to Beck at one time, when he left Fox I bought a Roku box subscribed to his new venture!!! He taught me and MANY with his chalk boards linking ALL the progressive players and money I am VERY GREATFUL to Beck for that!! He has somehow though completely lost his way!!! I kind of feel sorry for the guy don’t know what the heck happened to him!!!!
I remember Beck did a fairly good job of predicting the financial collapse of 2008...and I remember he was dogged in shining a light on Van Jones. I’ve even bought a few of his books...I don’t hate the guy.
But this phenomenon you see, with people vilifying Beck for opposition to Trump - that is what will win the election for Trump. For some reason, once people get in his corner, they are extremely loyal to him.
Yesterday I listened to Levin say he would vote for Trump...his rehabilitation has begun. Beck’s image may yet be rehabilitated - we’ll see.
What we are witnessing is a populist movement, where Trump is wrestling control of the GOP from the ‘establishment’...really transformative. Something like that can get messy. But it was long past due.
I’m certain Toni will be looking for another job in the near future as
Beck’s “empire” continues to crumble.
This is what happens when you try to push stuff on your customers when you know they’re not buying it. IOW when you think you know better than them.
Beck should take his soccer balls and go back to Mexico where he could get a job as as a snake oil salesman.
Megalomania will destroy ya.
Beck committed a slow acting form of Macycide with his bs Never Trumpist behavior/actions.
His Globalist buddies are letting him dangle and rot in the wind.
Talk host Jay Severin out at Blaze Radio
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.