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Timcast News

Timcast - EP2 Another "Woke" Far left News Outlet Bites The Dust

Timcast News

Timcast Media

News, Politics

4.67.4K Ratings

🗓️ 15 May 2019

⏱️ 68 minutes

🧾️ Download transcript

Summary

Salon is looking to sell for an absurd cash closing of around $500,000. This is an absurdly low rate for a media company of their size, but as the saying goes

Get Woke Go Broke

Following stories cover

a Comedian who had the police called on him for telling an offensive joke
Elizabeth Warren calling for Fox News to Shut Down
Outraged Feminists Targeting White Women Over Abortion Issues
And The US Rejecting an international proposal for Censorship


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Transcript

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0:00.0

Our first story, Solan Media, in talks for a $5 million fire sale in a last-ditch effort.

0:07.2

You may be wondering, what is Solan.com? Maybe you know. But Solan is considered to be one of the

0:13.2

most focused media outlets, putting out such great hits like, quote, I can't even think I can read

0:20.0

this quote. They wrote an article, this is Solan.com in 2015 saying that white men must be stopped.

0:26.8

The very future of mankind depends on it. Incredible. They also have another article called,

0:34.5

what it really means to be woke, radical activism is spiritual as well as political. And it explains

0:40.4

what wokeness is. So actually this looks like a repost from alternate, which is also an activist site.

0:46.0

But now it would seem that we have another story about woke media going broke. Now Solan has been

0:51.3

woke as long as I've known about it. And I can't say I'm surprised, but here's the thing. Of all

0:57.4

of the media companies we've seen take a big hit, most of them that have sold have retained their

1:03.2

staff and they've literally sold. So let's do this. Mike.com sold for $5 million. I believe

1:10.4

Mashable may have sold, but Mike.com, which was once valued very, very, I think, $100 million or

1:16.8

sells for $5 million. They actually sold for $5 million. Now you see this story about Solan from

1:21.9

the New York Post. It seems in reality the deal will be worth $5 million, but it's only going to be

1:29.1

a $500,000 cash transaction. Oh my god. I'm seriously to my thing. Okay. To go from being this

1:40.8

like woke profitable venture to selling for $500,000 in cash. Now the deal is worth $5 million. That

1:49.1

means they're going to sell it and they're hoping that eventually they're going to do, well,

1:55.2

let me read the story because basically eventually they pay off $5 million with no guarantee the

2:01.4

business survives. So this is a $500,000 cash. This is the lowest deal I've read about. This is

2:10.1

bad news for the woke, fungible journalists of New York. From the New York Post reads, Solan

2:17.2

Media Group, a one-time digital darling has fallen on hard times. It lost its CEO of the past three

2:23.9

years last week and appears to be on the brink of a deal to sell itself for a fire sale price

...

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