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 ...
He’s presently job hunting. Darn. I wish John Dennis hadn’t had to retire.
Wanted to add. Beck seem like he hated Trump more than all of the loony leftist, who are actually destroying America, put together? He was definitely more obsessed with him then all of the above.
Years ago he said “I’ve broke before and I’ll be broke again”, sounds like it is a self induced prophecy.
Then he backed the creep from Texas...that was it for me, maybe if he hadn't spent all that money on the creep and spent it for his family and their vocation, he wouldn't be in the mess he's in today...
The same with Levin, I took classes from Hillsdale, and enjoyed his teachings, but then he also nose dived into the ‘liar's den’ another fool...
And all these media people, I don't listen to news, I don't watch T.V. except PBS when they have the ‘English’ Movies on...I listen to True News, and I read certain sites, this is one of many...and I think for myself...
That ‘nut’ did this all to himself, so he should sit back and quit making the same mistakes thinking it will turn out differently...the definition of Mental Illness...
Just look at the list of those who opposed Trump. Ted Cruz. All the other GOP wannabes. David Cameron. Debbie Wassername Schlutz. Glen Beck. The hits just keep a-coming. I have to believe, He's saving His best for Hillary...
My my my
Delusion runs deep
I changed your post to give my spin on it.
Mormons desert their own
The empire can’t die soon enough. Maybe this will prompt the local talk/news radio station to get rid of Beck in the 9-12 slot and put in somebody interesting. Like Laura Ingraham.
Who’s left at Blaze Radio? LOL.
Yep. Wish SiriusXM Patriot would replace Loony Beck with Laura.
Apparently it's going to be named "BatSh*t Crazy LLC".
He thinks too mighty of himself.
That’s his real downfall. He goes on lectures preaching to folks that agree with him on most things as if he has the clout to convert them fully.
As a result he alienates his audience over trivialities.
I was sorry to see that too. I enjoyed his show very much but he went all out for Ted Cruz and against Donald Trump. Lost me then and I believe many other supporters as well.
Gee.. sorry about your luck Mr. Beck. /s
Was this one of the things God told him to start?
Seems Glenn has a hard time listening
My intense dislike of Glenn Beck predates his #NeverTrump antics.
I felt that he completely de-focused the Tea Party movement and (somewhat successfully) tried to turn it into his pet with his “9/12” movement.
The first Tea Party rally on the mall was awesome, and put the fear of us into the GOP for a bit. The second one was Beck’s weird tribute to Martin Luther King Jr. That was absurd. Beck turned the focus of the entire Tea Party from an offensive strategy aimed at reducing government and lowering taxes to a giant apology and “We are not racist” rally.
If you are an XM subscriber I hope you will join me in sending XM a note suggesting that they replace Beck on the Patriot with someone who is a reliable conservative, and not a nut job.
The American people are done being lied to......We've had 8 years of an ineligible marxist muslim illegal alien as defacto potus and it killed our country.
Their careers are finished and hopefully history will show that these POS were traitors to the country.
They do. The shunning is immense and ‘embarrassing THE CHURCH’ is an unforgivable sin - even worse than leaving it.
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