The MSM is losing and not adapting to the internet or independent journalism.
“The floundering NY Daily News lost $90.4 million over the last three years — including $23.7 million of red ink in the year ended Dec. 25.”https://nypost.com/2017/11/20/daily-news-lost-more-than-90m-over-the-last-three-years/ …
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Well deserved. I’m sorry to say I used to subscribe to the newspaper but not anymore. Nothing but a rag.
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Death of News media
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Further evidence that that rag and the rest of the MSM are just State-run propaganda subsidized by the Deep State...
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Any chance tax payers are on the hook for any of that loss via big gov nanny state over reach bail out money? Honest question. I don't know the answer, but it would not surprise me to discover the answer to be yes... As wrong as that would be...
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Even if these numbers are true, I don't know, whatever challenges the Post has pale by comparison to the really 'floundering' NYT...and that's a fact.
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