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Is the Glenn Beck ‘TheBlaze’ Media Network Having a Going-Out-of-Business Sale?

The financially challenged Glenn Beck media network could be going dark, according to a report in The Daily Beast about an alleged slow-motion implosion.

A potential sale to the owners of The Daily Wire has also apparently fallen through.

TheBlaze website began losing market share when Beck went full-on Never Trump and has been in a downward spiral ever since. Parting ways with commentator Tomi Lahren in a well-publicized dispute probably didn’t help matters either.

The Daily Beast claims that Beck recently just issued pink slips to more workers.

‘The right-wing cable and digital media company—founded by Beck shortly before he exited Fox News in 2011—fired another round of staffers this 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.

“TheBlaze once generated a reported $90 million in revenue annually, but has been in a slow motion implosion over the past several years. Top-level managerial shakeups, seemingly ceaseless layoffs, and office closures have depleted morale, tanked the site’s web traffic, and caused cable distributors to jump ship.

“The most recent round of cuts are significant for the already-hobbled company which has with regularity for more than two years—largely without communicating to staff the reason or scope of the cuts.” read more

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