Saturday, August 11, 2012

The Daily Beast roars on

The Daily Beast (Newsweek's collaborative online smear machine) is reaching all the way back to Ryan's high school year book to find something negative to say. Wow. Now that's deep for folks who can't find Obama's college records or even anyone who was in class with him! "Since 2008, Newsweek has undergone a series of internal and external contractions designed to shift the magazine's focus and audience while shoring up the title's finances. Instead, losses at the newsweekly accelerated: revenue dropped 38 percent from 2007 to 2009. The revenue freefall prompted an August 2010 sale by owner The Washington Post Company to 92-year-old audio pioneer Sidney Harman—reportedly for a purchase price of $1.00 and an assumption of the magazine's liabilities." Wikipedia Tina Brown is in the mix/mess somewhere.

No comments: