 Steve Bannon |
Steve Bannon is leaving Breitbart News in the face of major blowback from remarks about the Trump family that he allegedly made. The comments, which appear in Michael Wolff’s “Fire and Fury,” include referring to Donald Trump, Jr., as “treasonous” and “upatriotic,” and to Ivanka Trump as “dumb as a brick.”
According to the New York Times, Bannon’s exit was engineered by Republican donor Rebekah Mercer, a major contributor to Breitbart. Bannon had served as executive chairman of the network since 2012.
In a story on the Breitbart website, it says that “Bannon and Breitbart will work together on a smooth and orderly transition.”
The story also quotes Bannon as saying: “I’m proud of what the Breitbart team has accomplished in so short a period of time in building out a world-class news platform.”
Breitbart CEO Larry Solov said that “Steve is a valued part of our legacy, and we will always be grateful for his contributions, and what he has helped us to accomplish.”
That’s considerably more complimentary than the comments his other former boss, Donald Trump, has made about him. “Steve Bannon has nothing to do with me or my presidency,” the President said in a statement last week. “When he was fired, he not only lost his job, he lost his mind.”
Trump Media and Technology Group Corp. has replaced CEO and former California Congressman Devin Nunes with Kevin McGurn, a seasoned media sales executive.
The Pittsburgh Post-Gazette is being bought by the Venetoulis Institute for Local Journalism, a nonprofit that is the parent organization of the Baltimore Banner... The British Broadcasting Corporation is axing approximately 2,000 jobs, about 10 percent of its work force... Snap, the company behind Snapchat, is also succumbing to layoff fever, announcing plans to lay off 16 percent of its employees, about 1,000 people.
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Versant Media Group, the NBCUniversal cable TV spin-off, today reported its first financial results as 2025 revenues dipped 5.3 percent to $6.7B and standalone EBITDA dropped 9.1 percent to $2.2B.
