Surprise! Breitbart bloggers can't do business reporting either

Blog ››› ››› ERIC BOEHLERT

The clown routine continues at Andrew Breitbart's Big Journalism, with this recent headline:

After Suffering Massive Losses, Looking for Partner

It's supposed to be a (ha-ha!) hit item because Salon leans left and it's having cash-flow problems, which is a pretty dumb angle of attack since the New York Post leans right and so does the Washington Times and those money-losing operations have cost their owners hundreds of millions of dollars in non-stop losses, so what exactly is the point about Salon?

Even dopier is the "massive losses" nonsense. From the Wall Street Journal:

But 15-year-old Salon has been unable to stanch its red ink. Salon Media Group Inc. has racked up net losses of more than $15 million in the past five years, with nearly a third of that coming in the fiscal year ended March 31, 2010.

That's right, Salon in recent years has lost, on average, $3 million annually, with revenues over the last three years averaging $6 million. Those are the massive losses Breitbart's site's referring to.

Tip: If they want to see truly massive media losses, Breitbart bloggers might want to crack open the books at Rupert Murdoch's New York Post. Or better yet, the Rev. Moon's Washington Times, which loses, according to one newspaper insider, $100 million each year.

Big Journalism
Andrew Breitbart
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