by Several Waves of Layoffs since the left-leaning digital news aggregator was sold to Verizon as part of a deal to buy the rest of AOL’s assets in 2015. Now, the New York Post is reporting that the telecoms giant, which engineered the acquisition as part of a larger content play, is shopping around for a buyer…
But in one of the worst environments for bloated digital media outlets in ages, it appears Verizon is having trouble finding a seller.
To be fair, HuffPo essentially came with the rest of the furniture during Verizon’s $4.4 billion acquisition of AOL, a deal that has proven about as disastrous as one might expect.
Verizon has pitched the site to several companies, including Thrillist owner Group Nine Media, Rolling Stone published Penske Media, Bustle Digital Media and J2 Global, according to a report in Insider, a rival digital media publication which has itsef created headaches at its owner, German publisher Axel Springer.
To be fair, Verizon has gotten at least one nibble from Vox. Given the left-leaning editorial direction at Huffpo, it’s possible that some synergies might be found.
Unfortunately for HuffPo’s remaining employees, part of the sale will likely be based on whether the buyer is willing to take an axe to HuffPo’s “enormous” overhead costs.
Being a “reporter” at the Ariana Huffington-founded website is a notoriously thankless job featuring substandard pay and long hours, with employees essentially at the mercy of Ariana Huffington and her favored inner circle, according to a New York Times expose from a few years back which exposed Huffington’s hypocrisy in selling “work-life balance” while exploiting low-paid recent graduates, mostly from the Ivies and other top schools (an unspoken prerequisite for the job is having parents wealthy enough to help out with rent and pocket money, given the abysmal pay, which can be less than $40,000 a year.
Then again, one expert opined to the New York Post that the site is essentially worthless, reasoning that if Verizon can’t sell enough ads on the site, then nobody can.
“The brand means nothing anymore and it’s ultra partisan,” said one unnamed source.
The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven Years of Hell on Earth Which Began January 1, 2020
“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed” (Isa. 59:14, NLT)…We Turned Our Backs On GOD, Now We Have Been Left To Our Own Devices, Enjoy…
While Mainstream Media Continues to Push a False Narrative, Big Tech Has Keep the Truth From Coming out by Shadow Banning Conservatives, Christians, and Like-Minded People, Those Death Attributed to the Coronavirus Is a Result of Those Mentioned, They Truly Are Evil…
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…
In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent, Now more than ever big Tech has exposed there hand engaging in devious underhanded tactics to make the sinister look saintly, one of Satan’s greatest weapons happens to be deceit…
The accumulating death toll from Covid-19 can be seen minute-by-minute on cable news channels. But there’s another death toll few seem to care much about: the number of poverty-related deaths being set in motion by deliberately plunging millions of Americans into poverty and despair.
American health care, as we call it today, and for all its high-tech miracles, has evolved into one of the most atrocious rackets the world has ever seen. By racket, I mean an enterprise organized explicitly to make money dishonestly.
All the official reassurances won’t be worth a bucket of warm spit. The Globals are behind the CoronaVirus, It Is a Man-Made Bioweapon.
For those of you who care, Google and your favorite social media platforms have misled you, and now we all pay a heavy price for trusting the ungodly, Google and company knew exactly what they were doing, removing our history while preparing you to accept the New World Order playbook, Enjoy
My job is protecting children. It has taken me from big cities to rural outposts, from ghettos to penthouses, and from courtrooms, into demonic battlefields. But whatever the venue, the truth remains constant: Some humans intentionally hurt children. They commit unspeakable acts—for their pleasure, their profit, or both. StevieRay Hansen, CEO The 127 Faith Foundation
The number of Orphans aging out of Child Protective Custody has grown at an alarming rate. The 127 Faith Foundation receives many requests each week to house them at our ranch. Our prayer is that the good people of our country will step up to the challenge and offer financial support for "the least among us." We need your help! StevieRay Hansen, Founder, The 127 Faith Foundation
Hunted by the Mob, Found by Christ
The gripping memoirs of the founder of HNewsWire. A binge-worthy afternoon read.
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