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Thursday, October 18, 2018

Fox News Sales Chief Admits Advertisers Are Fleeing

Reprinted with permission from MediaMatters.

new report published by Politico examines the rejection that Fox News’ most prominent programs are experiencing from advertisers.

Just how bad is it?

According to the article, Fox News host Laura Ingraham’s advertiser base has effectively evaporated. Most national “blue-chip” advertisers won’t advertise on her show. Her advertiser base, which had included 229 brands prior to April 2018, has shrunk down to 85, with many of those either being short-burst political advertisers or less desirable direct-response ads.

In late March 2018, Ingraham publicly ridiculed Parkland mass-shooting survivor David Hogg for not being accepted to a college he had applied to attend.…

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Pump And Trump: How His Firm’s Crooked Operations Circled The Globe

Reprinted with permission from ProPublica.

This story was co-published with WNYC..

By Heather Vogell, ProPublica, with Andrea Bernstein and Meg Cramer, WNYC, and Peter Elkind, ProPublica

 

Since Donald Trump’s fortunes came surging back with the success of The Apprentice 14 years ago, his deals have often been scrutinized for the large number of his partners who have ventured to the very edges of the law, and sometimes beyond. Those associates have included accused money launderers, alleged funders of Iran’s Revolutionary Guard and a felon who slashed someone in the face with a broken margarita glass.

Trump and his company have typically countered by saying they were merely licensing his name on these real estate projects in exchange for a fee.



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On Wall Street, Us R Toys

Reprinted with permission from Creators.

 

As America emerged from World War II, the public generally agreed that the ordinary people who had endured the sacrifice should share in the good times ahead. A golden age for the American worker commenced as business, labor and government stood together on the stage.

Labor has since fallen off. Behold the spectacle at Toys R Us.

About a year ago, the company filed for a Chapter 11 bankruptcy. Its private-equity owners closed 800 stores and laid off 33,000 employees — skipping out on $75 million in severance pay.

Toys R Us had its challenges, but it wasn’t a dying business.…

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