How media’s money woes threaten democracy | Will Bunch Newsletter

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Plus, what Donald Trump’s Wall Street windfall says about modern capitalism.

on MSNBC Monday, which started with a history lesson about 1930s American fascists like Father Charles Coughlin before attacking her NBC bosses’ “inexplicable” hiring of Big Lie proponent and former GOP party chiefis one of America’s top newspapers — winner of a whopping 24 Pulitzer Prizes, renowned in its heyday for its extensive coverage of Latin America, and publisher ofby its longtime, award-winning correspondent, and then on the fourth click I hit the paywall.

Bedraggled city editors lack the budget to send reporters out on a story, but apparently Putin, Xi Jinping, and their fellow dictators have millions of dollars to spend on their brand of “journalism.” Ironically,in America’s 2016 election and run by the late Yevgeny Prigozhin, whose plane was blown out of the sky after an aborted plot against Putin.

Here’s proof that sports seasons just keep getting longer and longer: Major League Baseball used to launch on the same day that the NCAA’s March Madness ended, but now there’s an 11-day overlap. It’ll be a tad chilly and maybe wet onthrows 2024′s first pitch against the hated Atlanta Braves, broadcast on NBC10. Can the insanity of running almost the exact same team that fell five wins short in 2023 get a different result? Stay tuned.

Trump Media brought in little more than $3 million in revenue in the first nine months of last year, mostly from bottom-of-the-barrel advertisers. The company lost $49 million during that time, and its prospects for growth are nonexistent. Did I mention its founder was just found liable in a New York courtroom“The stock is pretty much divorced from fundamentals,” Jay Ritter, a finance professor at the University of Florida’s Warrington College of Business,— in a massive understatement.

 

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