Everyone in legacy corporate media is struggling with the possible exception of Fox News. Following Donald Trump’s election victory, the writing on the wall that legacy media has been pretending wasn’t there became too bright to ignore.
The people don’t trust the media. It’s not because of the Trump victory. In fact, one can argue that the Trump victory is indicative of the paradigm shift away from the “Arbiters of Truth” with a far greater emphasis on independent journalists and public sharing sites like đ.
Now that the election is over, it’s time to pay the piper. According to The Post Millennial:
The Associated Press (AP) acknowledged its financial problems Monday as it began offering buyout packages to some employees and laying off others, downsizing by 8 percent. The go-to news organization that has been providing stories that are ready to print or broadcast for decades is downsizing as it focuses on digital news gathering, the outlet reported. Some major oulets have stopped buying its conent.Â
The AP is experiencing some of the financial losses that other mainstream media outlets have seen accelerate in recent years. CNN is also reportedly laying off hundreds of staff, including on-air talent, before the end of the year. The oultlet said those who qualify for a buyout, which includes severance pay and some healthcare insurance for 18 months, would be informed by the end of business on Monday. Those getting axed would get the news in the next few weeks.
Some of the APâs issues accelerated in 2024 when both the Gannett and McClatchy news chains, which control around 230 outlets including USA today, said they would no longer purchase news from the outlet. Although the outlet sells its materials directly to the consumer on the internet, much of its business is still conducted with member news outlets who pay a monthly or yearly fee for access.
The AP, founded in 1846, used to pride itself on being the largest news service in the world, providing news with reporters stationed around the globe. The AP has said that less than half of those affected would be directly producing the news.
A news and media union, the News Media Guild, revealed that 121 members would get buyouts from the company, however the outlet would not confirm the numbers exactly.
âWe all know this is a time of transformation in the media sector,â Daisy Veerasingham, the APâs president and CEO, told staff in a Monday morning memo. âOur customers â both who they are and what they need from us â are changing rapidly. This is why weâve focused on delivering a digital-first news report. We now need to accelerate on this path.â
The people are awakening and their information gatekeepers are running out of sleeping pills. This bodes well for the incoming Trump administration.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Kamala Harris Says the American Dream Is âGoneâ
by Modernity News
During a pre recorded interview, Kamala Harris once again failed to deliver any substantive outline of her policies, primarily attacking Donald Trumpâs outlook and his first term in office. At one point when speaking about the economy, Harris appeared to suggest, in stark contrast to Trump, that the American Dream…
Gold Price Forecasts Skyrocket Following Moves by China and the Fed
by Sponsored Post
With the Federal Reserve beginning what most expect to be a sustained easing cycle, momentum continues to rise for gold and silver. Values have been steadily rising and the newest forecasts point to even more gains down the road. At the end of September, BMO Capital Markets published updated commodity…
Taxes and Tariffs and Trade: Oh My! Trumpâs Plan to Bolster the Economy
by Just The News
In a bid to build a broader coalition, former President Donald Trump has outlined a vision of tax cuts, import tariffs, and âreciprocal tradeâ to preserve and restore American industries. Since coming down the escalator of Trump Tower in 2015, the Republican standard bearer has espoused unconventional trade policies and…
Expert Testimony: Mass Immigration Under Biden-Harris Is Driving Up Rents for Americans
by Breitbart
The arrival of millions of foreign nationals, many of whom are illegal aliens, under President Joe Biden and Vice President Kamala Harris is helping to drive up rents for working- and middle-class Americans, an expert witness told Congress Wednesday. Center for Immigration Studies Director of Research Steven Camarota told the…
This Year Marks First Since 1958 That Us Held No Oil and Gas Lease Sales
by Just The News
This year will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. Energy expert Alex Epstein, author of âFossil Future,â argued at a recent House Budget Committee hearing the United States’ record-high oil production is in spite of…
Kamalaâs Devastating Middle Class Taxes
by Independent Sentinel
With the election coming up, the IRS plans to reduce our taxes for 2025. itâs a common tactic to make it seem like they wonât tax us into oblivion once they return to office. CBS News: Some Americans could see lower federal income taxes in 2025 due to an annual…
Congress Passes Stop-Gap Spending Bill After Failed Mike Johnson Gambit
by Breitbart
Congress on Wednesday passed legislation that would fund the government through nearly the end of December. The House and the Senate passed a stop-gap spending bill that would push the government spending deadline to December 20. The measure, otherwise known as a continuing resolution (CR), keeps federal spending the same….
A âBipartisanâ Bar Tried to Open in DC, Then Libs Cried That an Elephant Image Was âHurtful.â
by The National Pulse
A new bar in Washington, D.C., whose political theme focused on bipartisan agreement and debate, succumbed to partisan pressure before the establishment could even serve its first drink. Originally billed as Political Pattieâs, the bar was flooded with complaints by liberals who said the establishmentâs logoâspecifically the Republican Elephantâwas offensive…
Newsom Signs Bill Requiring Janitors to Take $200 Sexual Harassment Training
by Just The News
California Gov. Gavin Newsom signed a bill requiring companies that hire janitors to make sure janitors take sexual assault training every other year, and pay $200 per participant for sessions with under 10 janitors present, and $8 for sessions with 10 or more janitors. The bill also requires the government…
Biden-Harris Regime Prepares Another $8 Billion in Military Aid for Ukraine During Zelenskyâs Washington Visit
by The Gateway Pundit
The Biden-Harris regime is once again prioritizing foreign interests over the well-being of American citizens, with plans to announce an eye-watering $8 billion in military aid for Ukraine during Ukrainian President Volodymyr Zelenskyâs visit to Washington. This massive giveaway comes as Americans continue to face economic hardships, skyrocketing inflation, and…
âEconomic Dystopia:â Silicon Valley Tycoon Predicts AI Will Take Over 80% of All Work
by Breitbart
Vinod Khosla, legendary Silicon Valley investor and entrepreneur, has predicted that AI will replace the majority of work in most jobs, necessitating the implementation of universal basic income (UBI) to prevent economic instability and inequity. Fortune reports that in a recent blog post, Vinod Khosla, the billionaire co-founder of Sun…
