Digital media is in dire straits. Buzzfeed announced mass laughs, so did the Huffington Post.

Buzzfeed is looking to lose about 15% of its staff. We don't know how many people Huffington

Post is going to trim down, but their parent company Verizon needs to cut 7% of its workforce.

We're at a time of massive distrust in the media. We just saw a whole bunch of fake news scandals

where people just don't think any of this is true or worth buying into it at this point.

Why pay 4 stores from the Washington Post when Twitter users break news faster than they do?

Why bother with Buzzfeed when the Mueller team came out and discredited their major bombshell

reporting? A lot of people make fun of Alex Jones and Info Wars because they pedal supplements,

and they say that's all Info Wars is. In reality, Buzzfeed isn't too dissimilar.

One of their strategies for survival has been to sell cookware and not just one brand, too.

Today, I want to talk about the real reason these media companies are failing,

and I want to highlight one of their prime strategies for survival, becoming cookware companies.

Seriously. But before we get started, please head over to TimCask.com for its last

donate if you want to support my work. There's a monthly donation option, there's a crypto currency

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message. From CNN, Buzzfeed to cut 15% of staff in a new round of layoffs. Buzzfeed is preparing to

announce a significant round of layoffs according to sources familiar with the matter. The coming

contraction is the latest example of digital media companies having to make cutbacks in a difficult

operating environment. One of the sources said the layoffs will affect 15% of the company's workforce,

the reductions will involve multiple departments including the news division. Staffers have been

bracing for bad news for days. Employees had learned senior editors were being flown into Buzzfeed's

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