Posted on 02/09/2018 5:51:34 PM PST by SkyPilot
During an increasingly ugly meeting, the companys CCO refused to answer whether money laundering allegations were true and blamed staff for undermining the business.
During a private meeting with editors this week, a top Newsweek executive blamed his own journalists for the magazines recent turmoil and refused to answer whether the company committed financial crimes.
Newsweek Media Group interim Chief Content Officer Johnathan Davis took questions from editors for nearly 90 minutes on Wednesday, according to recording obtained by The Daily Beast, about firings and investigations that have engulfed the company.
Last month, the Manhattan District Attorneys Office raided Newsweek Media Groups headquarters in New York as part of an ongoing investigation into the company for potential financial crimes. On Monday, Newsweek Media Group fired editor in chief Bob Roe, executive editor Ken Li, and reporter Celeste Katz, who reported on the raid and recent allegations that the company engaged in traffic and advertising fraud.
[The raid] led to the BuzzFeed article about the fake clicks, which you orchestrated, breaking news editor Gersh Kuntzman said. So you should be honest with everybody in this room: Are we running a money laundering operation? Are we evading taxes? You need to tell us that because we cant work here if youre a liar.
(Excerpt) Read more at thedailybeast.com ...
Newsweek is the toilet paper nobody buys or uses.
"The interim CCO said that Roe and Li had overseen the degradation of Newsweeks content, citing a recent widely criticized piece that argued why Hillary Clinton could serve out Donald Trumps term as president.Newsweek editors pushed back, saying that the article was a partial result of the traffic goals that management forced reporters and editors to meet."
This 'story' was peak mania from the post-election, proving that Newsweak was simply shills shaping clickbait; and that story should still cost Larry Lessig his law license, even though his back-pedaling was Hillaryous.
Also the disjointed description of the meeting itself is nothing short of a riot, basically the 'co-founder' telling the minions to get back in the copper mine and shovel the electrons...
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