It’s no secret that old media is dying. But digital media had its own crash.
When AOL hoovered up lefty digital media assets, the bad deals were passed on to Verizon. But Verizon seems to want them gone. And next up on the block is the granddaddy of lefty digital media, the Huffington Post.
The ideal scenario might be one in which, instead of finding a buyer, HuffPo lingers around while its staff continues to get cut by its corporate parent. That or getting bought by one of the struggling firms trying to combine a bunch of lefty digital media properties together.
Arianna Huffington was smart enough to walk away from her namesake site a few years back. Instead the tabloid trash heap became Verizon’s problem. And then it’s likely to become the problem of whoever buys it.