The very liberal site ThinkProgress is finally shutting down after running years of deficits:
DAILY BEAST – ThinkProgress, the influential news site that rose to prominence in the shadow of the Bush administration and helped define progressivism during the Obama years, is shutting down.
The outlet, which served as an editorially independent project of the Democratic Party think tank Center for American Progress, will stop current operations on Friday and be converted into a site where CAP scholars can post. Top officials at CAP had been searching for a buyer to take over ThinkProgress, which has run deficits for years, and according to sources there were potentially three serious buyers in the mix recently. But in a statement to staff, Navin Nayak, the executive director of the Center for American Progress Action Fund, said the site was ultimately unable to secure a patron.
A dozen ThinkProgress employees will be losing their jobs, a CAP aide said, as many who were on staff had already gone to work elsewhere and some were incorporated into the larger CAP infrastructure. Those who are being laid off will be given a severance package that runs through the end of November and health care coverage that lasts through the year, said the CAP aide.
As for the actual website, thinkprogress.org will continue to exist. But it will no longer function as an independent enterprise focused on original reporting. Instead, according to Nayak, it will be folded “back into CAP’s broader online presence” as a sounding board for policy and political analysis by existing CAP and CAP Action staff experts.
What’s surprising about this is that you’d think that they would be flourishing with all the vitriol against Trump.
But perhaps Vox stole their thunder and their audience? I don’t know, but I’m not sad about their demise.
Good riddance Think Progress. The world will be better off without ya!