Liberal media startup raises $20M to spread more left bias


Written by DML
We really need an alternative. Seriously.

Let me start by saying it is my personal opinion that Fox News has lost its way. The programming has become dreadfully boring, and it often doesn’t know who its audience is – just ask Shepard Smith.

Tack on CNN and MSNBC and it’s easy to feel hopeless when holding a TV remote.

The playbook that powers FOX, CNN and MSNBC is growing dusty. They play the same crap all day long, with the same faces and guests. For example, Fox News often reports a story 3 or 4 days after nimble outlets like ours published the same story on social media.

But let’s go beyond the TV cable thing. The truth is, cable TV players will be losing ground in the years to come. The news media is changing so fast — unless you’re small and nimble, it’s near impossible to keep up. Here is the problem.., nobody on the right has taken the leap from small player to powerhouse platform.

Whether you’re a conservative or a moderate who is looking for a more honest and straightforward news delivery service, that combines both video and text, you don’t have many places to turn. And if you’re looking for a social media platform that isn’t operated by a far-left liberal, then you have nowhere to turn.

Sadly, the internet is filled with left-leaning news outlets that publish progressive viewpoints and tainted reports. To make matters worse, with Facebook, Google and Twitter all dominating how normal people receive their information, the deck is stacked against the sort of reporting for which people truly yearn.

Someone must come up with a new social media platform that empowers conservatives and honest news outlets that don’t buy into the lies told by Hillary and Barack.

It will cost millions of dollars, but millions of dollars are not hard to find. It’s a matter of lighting the fire. Will people move to another platform if its available, and will people stick around long enough while that platform gains momentum? Those are the challenges.

Meanwhile, as we all sit here and complain, and as I make notes on endless pages within my notepad, another left-leaning outlet is raising massive amounts of money to build a greater influence in spreading the left’s message.

Axios is a new company out of the D.C. area launched by former Politico wonder boy, Mike Allen. Axios puts out more liberal babble than I care to explain. I’ll just say, the outlet is never fair to Trump.


Axios Raises $20 Million to Fund Newsroom Expansion: The 10-month-old media startup plans to increase staffing to 150 by the end of 2018, develop new coverage areas, and expand its data analysis and product offerings,” The Wall Street Journal’s Benjamin Mullin scoops:

  • Less than a year after Politico co-founder Jim VandeHei launched the media startup Axios with plans to upend the way news organizations deliver stories and advertising, the company is plotting a major expansion of its newsroom.”
  • “To fund the expansion, Axios has raised $20 million, according to Axios co-founder and President Roy Schwartz. The funding round, Axios’s second, was co-led by venture-capital firms Greycroft Partners and Lerer Hippeau Ventures, which both participated in Axios’s initial $10 million round last year.”
  • “Other backers from last year also increased their investment, including NBCUniversal, Laurene Powell Jobs’s Emerson Collective and Wal-Mart Chairman Greg Penner. WndrCo, a media-and-technology firm founded by Hollywood executive Jeffrey Katzenberg, is the only new investor in the round.”
  • “Axios plans to use some of the financing to expand its capacity for data analysis, product development and audience growth, as well as developing new coverage areas … By the end of 2018, Axios plans to have roughly 150 staffers, up from its current staff of 89.”

Why it matters: We will use this money to better serve you with more smart (new content areas, deeper coverage) and more brevity (enhanced technology, an app).


It’s time to make a move! — DML

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