Huffington Post Was Just Put On The Chopping Block, Layoffs Announced At Leftist Media

Huffington Post Was Just Put On The Chopping Block, Layoffs Announced At Leftist Media. Verizon has been seeking to sell off the Huffington Post, a move which will likely result in layoffs regardless of the result. The company is seeking to slim down its digital media business at a time when many media companies are facing shortfalls, budget cuts, and layoffs. CNN, VICE, Buzzfeed, Verizon, Disney and more have faced declining viewership, ratings, and revenues for the past few years and this is just another trend is the downfall of leftist and far left digital media. At the same time conservative media seems to be seeing a resurgence with Fox News doing particularly well in growth and ratings. This all follows a trend of companies basically following "get woke go broke" as a business plan. Vice for instance used to be edgey and taboo but now follows the establishment political orthodoxy. Not too long after getting woke they started to go broke. Vice News sadly has merged with Viceland after being canceled on HBO. The trend of collapsing leftist media will likely continue and with it the political push toward the far left. It could be possible that the exploitation of social justice narratives persists or that it fades with the passing of social justice digital media. Support the show (http://timcast.com/donate) Learn more about your ad choices. Visit megaphone.fm/adchoices