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 wonder if Glenn still thinks it is a warm and loving place
Who is Glenn Beck?
If he is still TBM, I guarantee it. The extent I have seen people go to to justify it is amazing. Recently one guy who had been looking into historical and doctrinal issues and was doubting did a 180 because he went to the temple and ‘got a good feeling’ so ‘it must be true’. Months of his research and questions went out the window because of one ‘good feeling’. That is all it takes.
I guess I’m not very well versed, what is TBM?
When Glenn stood on the stage and swore Ted Cruz in as president, I knew both were done.
TBM = True Believing Mormon or often used by exmormons to be “Truly Brainwashed Mormon”
The normal ones were the ones he fired.All that`s left are the nutcases like him
Got it thanks
I’m surprised by now that he hasn’t started his own church or cult by now, oh wait he has it’s the Glenn Beck Show and Blaze TV.
Beck was always a nutball; he got along by grabbing low-hanging fruit of wacky liberals to expose. Well, there’s a lot of them but it takes more than that to make a good pundit.
Reading about Beck reminds me of Howard Beale of movie NETWORK.He told the truth,establishment didn`t like it and turned him..Beck turned himself ,when he needed more customers and Benjamin’s.He went from telling the truth to shilling to anyone to get on more networks etc...
.
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.