Friday, April 29, 2016

Layoffs Reported At Glenn Beck’s Blaze Empire

The axe fell once again on Glenn Beck’s media empire Thursday as employees in the New York and Washington offices of The Blaze, Beck’s multi-media online operation, along with business staffers in Los Angeles and the documentary unit in Columbus, Ohio, were told their jobs are on the chopping block.

According to The Daily Beast nearly 40 people are being laid off—including about 20 in New York, a dozen in Washington, five in Ohio and two or three working out of the LA office suite of former Blaze CEO Kraig Kitchin—in order to satisfy the requirements of a multimillion-dollar bank loan taken out recently to keep Beck’s revenue-challenged enterprise running.

Ironically, the mass layoffs are occurring shortly after the company hired CNN alumnus Matt Frucci, former executive producer of the cable network’s New Day morning show, to run The Blaze’s television operation in New York—which apparently will no longer exist.

According to sources, Beck’s frequent travel in support of the presidential candidacy of Sen. Ted Cruz, among other distractions, has prevented him from appearing daily on his syndicated radio program and live-streaming television show, resulting in declining advertising revenue for Mercury Radio Arts, Beck’s privately held parent company.

Similarly, said these sources, declining traffic for Glennbeck.com and TheBlaze.com have also resulted in dropping ad revenue.

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