Fake News is profitable - New York Times

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From Daniel Greenfield writing at Front Page Magazine:

THE BIG MONEY BEHIND FAKE NEWS
What really powers the media’s fake news scandal machine

Fake news is profitable.

The New York Times hit piece on the Comey memo earned the paper its most concurrent readers per second. Pretty good for a piece about a piece of paper that the leftist paper had never even seen and which was, supposedly, described to it by one of Comey’s associates.

But that didn’t stop it from racking up over 6 million views.

Media fake news isn’t just an agenda. It’s enormously profitable. Hit pieces powered by anonymous sources bring in over 100,000 readers in an age when live is king. For individual reporters, finding a source, real or fake, that can back up the left’s Trump conspiracy theories can put them on the map.

The Comey story comes from Michael Schmidt who made a name by supposedly finding documents relating to media claims of a “Haditha Massacre” in a Baghdad junkyard where “an attendant was burning them as fuel to cook a dinner of smoked carp.” It was dashing and also very convenient.

The claims didn’t hold up in court. Most of the Marine heroes who were dragged through the mud over Haditha had their cases dropped. One case dragged out and ultimately came out to very little. But the New York Times cashed in. And Schmidt did much better out of it than Cpl. Stephen Tatum.

And it's not just the Times - Jeff Bezos' blog (The Washington Post) is just as guilty. The liberals do not care that the news is fake as long as it fits their narrative.

The Washington Post has racked up viral hit fake news stories backed by anonymous sources. And it’s paying off. The Post claimed a traffic increase of 50% at the end of last year with a 75% increase in new subscribers. The official line is that Jeff Bezos has transformed the Post’s digital strategy. The reality was conveyed by its new anti-Trump slogan. “Democracy dies in darkness.” The silly slogan was an exercise in branding. It announced that this was the paper of choice for “researched” attacks on Trump.

Now the Post has hit $100 million in digital revenues and added hundreds of thousands of digital subscribers. All of this is quite a change from a few years ago when the Post was losing $50 million a year and Baron was talking about shrinking the newsroom.

We need to keep shining the light in the dark corners and to squish what scurries out. The more peole get educated, the better off we all are.

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This page contains a single entry by DaveH published on May 26, 2017 8:50 PM.

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