Syndicated radio personality Glenn Beck’s multimedia empire TheBlaze appears to be on its last legs after another round of layoffs and after a prospective high-profile buyer lost interest, according to The Daily Beast.
The cable and digital media company—founded by Beck shortly before he exited Fox News in 2011—fired another round of staffers last week, shrinking a workforce that has already been reduced to less than 50 employees, according to two sources who spoke with The Daily Beast on the condition of anonymity. The two sources also confirmed that more than a dozen employees had been laid off over the past several days.
Making matters worse, the company’s hopes for a bailout from a fellow right-wing titan did not go as planned.
A potential lifeboat in the form of a proposed sale to the billionaire owners of conservative commentator Ben Shapiro’s website The Daily Wire now appears unlikely. A source familiar with the negotiations told The Daily Beast that talks between the two parties broke down and the sale is now effectively dead.
On Sunday, Glenn Beck snapped at CNN Host Brian Stelter on Reliable Sources and walked off the interview after the CNN host asked him about a report on his company TheBlaze.
According to Mediaite, Stelter was speaking with Beck about distrust of the media and the border crisis before bringing up the report––particularly the part about not being able to find a buyer––and asking, “Is this related to the point about people not talking to each other? That if you want to create that media company, there’s not interest? What’s going on with that?”
“Wow. Brian, thanks a lot,” Beck said, starting to take his mic off. “I think that’s the most ridiculous question I’ve ever heard. I’m sitting here ready to talk to you about the detaining of children and parents and trying to break families apart, something that has been happening with Janet Reno!… We want to stop it and you want to play those games? You have a nice day.”
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