Liberal News Site ThinkProgress Put Up for Sale as Revenue Plummets
by Don Irvine on July 3, 2019
ThinkProgress, the news site operated by the Democratic think tank Center for American Progress, is up for sale, according to the Daily Beast.
The staff was informed Monday that the site would be sold by CAP executive director Navin Nayak in a memo.
“Unfortunately, like so many other news outlets that have relied on advertising to fund its work, ThinkProgress has seen a significant drop in revenue in recent years, along with other financial strains. In addition, events over the last few years have underscored the divergent missions of American Progress and ThinkProgress,†said Nayak.
https://www.aim.org/on-target-blog/liberal-news-site-thinkprogress-put-up-for-sale-as-revenue-plummets/