BRING BACK THE PEACE PRESIDENT!
The day President Trump walks across the North Korean border. This is very touching and you can hear the conversation
1:12
https://rumble.com/embed/v4582hi/?pub=4
Major News Outlets Continue Losing Millions Amid Anti-Trump Coverage
Jon DoughertyJanuary 20, 2024
Several major newspapers and media outlets have continued losing tens of millions of dollars per year after they were purchased by billionaires who initially believed they could turn things around financially while still maintaining a decidedly anti-Trump, anti-GOP editorial slant.
According to a report in DNYUZ,outlets like the Washington Post, the Los Angeles Times, and Time magazine are still losing millionsof dollars years after being sold to billionaire benefactors, and there appears to be no sign of their financial conditions improving on the horizon.
“As the prospects for news publishers waned in the last decade, billionaires swooped in to buy some of the country’s most fabled brands. Jeff Bezos, the founder of Amazon, bought The Washington Post in 2013 for about $250 million,” DNYUZ reported. “Dr. Patrick Soon-Shiong, a biotechnology and start-up billionaire, purchased The Los Angeles Times in 2018 for $500 million. Marc Benioff, the founder of the software giant Salesforce, purchased Time magazine with his wife, Lynne, for $190 million in 2018.”
On each occasion, the newsrooms welcomed their new owners with guarded optimism, hoping that their business expertise and technological knowledge would provide solutions to the challenging puzzle of generating revenue as a digital publication, the report said.
However, it appears that the billionaires are facing challenges similar to almost everyone else. According to individuals familiar with the companies’ financial situations, Time, The Washington Post, and The Los Angeles Times all reported significant losses last year, despite substantial investments from their owners and concerted efforts to establish new sources of revenue.
“Wealth doesn’t insulate an owner from the serious challenges plaguing many media companies, and it turns out being a billionaire isn’t a predictor for solving those problems,” Ann Marie Lipinski, the curator of the Nieman Foundation for Journalism at Harvard University, told DNYUZ. “We’ve seen a lot of naïve hope attached to these owners, often from employees.”
The losses are expected to have the most immediate consequences at The Los Angeles Times, where journalists are preparing for potentially unfavorable developments. Kevin Merida, the highly regarded editor of the newspaper, recently announced his resignation, a decision that reportedly stemmed from disagreements with Soon-Shiong regarding editorial and business priorities, as revealed by two individuals familiar with the situation, the outlet said.
DNYUZ added:
In the middle of last year,The Times was on track to lose $30 million to $40 million in 2023, according to three people with knowledge of the projections. Last year, the company cut about 74 jobs, and executives have met in recent days to discuss the possibility of deep job cuts, according to two other people familiar with the conversations. Members of The Los Angeles Times union have called an emergency meeting for Thursdayto discuss the possibility of another “major” round of layoffs: “This is the big one,” read the email to employees.
Bezos has encountered challenges at TheWashington Post as well. Similar to numerous news organizations, The Post has found it difficult to sustain the momentum it gained in the aftermath of the 2020 election. Declining subscriptions and advertising revenueresulted in losses of approximately $100 million in the past year. By the year’s end, the company had reduced its workforce by 240 positions out of 2,500 through buyouts, including some of its highly regarded journalists.
Meanwhile, most ofthese print outlets continue to be decidedly anti-Trump and anti-conservativein their reporting and editorial bent. The same holds true for cable news; according to the Pew Research Center, revenue “decreased for CNN and MSNBC and increased for Fox News in 2022.”
The center added, “CNN’s total revenue decreased by 5%, from $1.9 billion in 2021 to $1.8 billion in 2022. Similarly, MSNBC’s revenue fell from $977 million to $903 million, an 8% decrease. Fox News saw a 5% increase, from $3.1 billion in 2021 to $3.3 billion in 2022.”
Newsmax, which is also conservative-leaning like Fox, “made $66 million in revenue” in 2021.
(Fake news is dying, due to doubling down on stupid!)
https://conservativebrief.com/major-losing-80544/
Judge Cancels Trial Over Endorsement Of ‘Videophone’ Firm, Handing Trump A Win
Jon DoughertyJanuary 20, 2024
A federal judge has dismissed a civil trial against former President Donald Trump, handing him a much-needed legal victory.
The case involved “the former president’s support of a multi-level marketing company,” with the judge “ruling that the Manhattan federal court wasn’t the best place to try the case,” Business Insider reported.
The multi-level marketing case, initially scheduled for a trial on January 29, was initiated by a group of plaintiffs who alleged that they had fallen prey to a scam orchestrated by a company called ACN. They claimed to have invested significant sums, ranging from hundreds to thousands of dollars, in registration fees and workshops with the goal of learning how to sell a “videophone” device, which had become outdated in the era of the iPhone.
In their lawsuit, they asserted that they were misled by Trump, who, despite being aware of the situation, continued to feature the company on “The Apprentice” and participated in numerous promotional videos and live events, as reported by the outlet, the outlet noted.
The original case was launched in 2018 and had been progressing through the legal system, with Trump and members of his family, who were employed by the Trump Organization, participating in depositions.
In October, Trump achieved a victory when the case was denied class-action status, narrowing its scope. Last week, U.S. District Judge Lorna Schofield, an Obama appointee, declared that the Manhattan federal court was no longer the most appropriate venue for the trial.
“Theonly remaining claims are the common law and statutory claims of three Plaintiffsarising respectivelyunder the laws of California, Maryland and Pennsylvania where they respectively reside, with totalout-of-pocket losses said to be roughly $7,000,” Schofield wrote in her ruling.
“Even though discovery has been completed and certain motions decided, retaining jurisdiction would not serve economy or convenience,” she added.
That said, Roberta Kaplan, the attorney representing the plaintiffs, said that the trial could nevertheless move forward, just in a different venue.
“Today’s decision addresses only where — not if — Plaintiffs’ claims should be brought to trial,” she told Business Insider. “We intend to continue the fight, and our brave clients look forward to their day in court.”
(These plaintiffs suing for a loss of $7,000 is ridiculous, they’ve spent close to 6 years pursuing Trump for millions of dollars. This case should have happened in small claims court; and their attorney is probably milking them dry. Trying to get a class action lawsuit was/is ridiculous. The good news is they have to spend more money in their domicile states which will cost them a lot more money. They really should be suing their ambulance chasing attorney.)
https://conservativebrief.com/judge-over-80539/
What a witch! And liar! She’s so creepy I can’t listen to her voice, its as bad as Bidan’s voice
Are you legally blind?