Posted on 09/07/2016 1:06:59 PM PDT by MNDude
Glenn Beck’s financially troubled multimedia empire took another hit over Labor Day Weekend as Beck announced that Mercury Radio Arts, his privately held umbrella company, has abruptly stopped producing scripted film and television projects under his once-cherished subsidiary American Dream Labs.
In a statement posted on his website, Beck characterized the apparent shutdown as a “divorce” because American Dream Labs “needs to exist separate and apart from Mercury in order to spread its wings.”
The demise of the Beck subsidiary is the latest troubling development for a once-flourishing enterprise that in the past year has terminated nearly half its estimated 300 employees, lost cable distribution and advertisers as Cablevision dropped Beck’s daily programming, and suffered a steep drop in its online audience. In recent months, Mercury and its subsidiary, The Blaze, have become embroiled in cash-flow problems and costly litigation, notably against Beck’s former chief executive and ex-friend and confidant Christopher Balfe, whom Beck fired in December 2014 to make way for the promotion of tech entrepreneur Jonathan Schreiber.
(Excerpt) Read more at thedailybeast.com ...
Bad things seem to happen to never Trumpers
Glenn Beck is NOT smart enough to cut away the cancer that is destroying his Company!
His #NeverTRUMP stance!! LOL
What a shame....s/
Couldn’t have happened to a better ‘nut’!!!
Beck needs a lifeboat but nobody cares enough to save him. Buh-Bye Jackwagon.
He had a fairly valuable empire before he jumped the shark. I hope the momentary thrill was worth it.
Tomi Lauren needs to run like hell away from Blaze.
He needs to head out on a Mormon mission and shut up.
He said the church saved his life..so time to give back, Glenn. You’re done here.
Shorter version: Beck has lost the plot, literally and figuratively.
Mental illness will do that to an empire.
I can remember the first time I heard Beck on the radio, mid-2000’s? I laughed and laughed. It was GOOD radio. It lasted for awhile, but he ran his own ship into the iceberg. I think it started with his big build-up thing in 2010 I think. Was that The Blaze TV Network? That was a disappointment at the time and still is.
He’s quite the royal screw up, huh?
He lost a lot of support with his #nevertrump stance. Add that to the fact cognitive dissonance is driving him crazier and he is a time bomb waiting to self destruct even further.
His theatrics about “big, big stuff”, and going Mormon was where I knew the guy was unreliable and nutty.
He went nutty fast.
Maybe a bowl of cheetos would help?
You would think his church would care enough to help him, but reality is they only care if he is making them look good, if he isn’t then they will shun/distance themselves from him. A few years ago he was their ‘golden boy’ - now even the rank and file I know don’t discuss him because he is embarrassing.
Let the nut and his empire perish. He belongs in a rubber room.
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