{"id":78334,"date":"2020-09-30T01:33:45","date_gmt":"2020-09-29T22:33:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/matt-drudge-rumored-to-be-seeking-investors-for-drudge-report\/"},"modified":"2020-09-30T01:33:45","modified_gmt":"2020-09-29T22:33:45","slug":"matt-drudge-rumored-to-be-seeking-investors-for-drudge-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/matt-drudge-rumored-to-be-seeking-investors-for-drudge-report\/","title":{"rendered":"#Matt Drudge rumored to be seeking investors for Drudge Report"},"content":{"rendered":"

“#Matt Drudge rumored to be seeking investors for Drudge Report<\/strong>”
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\n Matt Drudge is the latest media<\/a> mogul rumored to be looking for a cash infusion in the form of a partial sale of his popular news<\/a> website Drudge Report.<\/p>\n

The juicy tidbit bounced around this week from the financial world to the publishing world, reaching both high-level executives and humble reporters and editors, including this columnist. Matthew Lysiak, author of \u201cThe Drudge Revolution<\/a>,\u201d says he, too, has heard the rumors, but brushed them off as just that.<\/p>\n

\u201cI think the rumor that Matt would sell or has already sold the Drudge Report is completely unfounded. I know he is continuing to run the Drudge Report. I think [the rumor] continues to gain traction because people can\u2019t understand why Matt has weaponized his website for the Biden campaign,\u201d Lysiak told Media Ink.<\/p>\n

\u201cIt\u2019s not just whispers from low-level people, it\u2019s people in the Trump orbit\u201d who are fishing for information, Lysiak said. \u201cA lot of them were huge Matt fans in 2016, and now they are not.\u201d<\/p>\n

The famously reclusive Drudge wasn\u2019t reachable for comment. But Paul Singer, the billionaire hedge fund founder and Republican donor whose name has surfaced as a potential buyer of a stake in Drudge\u2019s popular news website, adamantly denied any involvement.<\/p>\n

\u201cThere is nothing to this rumor,\u201d a spokesman for Singer, founder of $41 billion hedge fund Elliott Management, told Media Ink. \u201cWe have not heard anything about Drudge looking for investors, and we are not involved in any way.\u201d<\/p>\n

Drudge, 53, has been feared and revered in political circles ever since he burst on the scene in 1996 by breaking the news that Jack Kemp would be Bob Dole\u2019s presidential running mate. The site really got tongues wagging in 1998 with a report that Newsweek had killed a story on the relationship between President Clinton and a then-unknown White House intern named Monica Lewinsky.<\/p>\n

Drudge, who has described himself as \u201clibertarian except for drugs and abortion,\u201d quickly made his bones as a must-read for anyone in the beltway and has reportedly helped numerous Republican operatives attack opponents and win elections.<\/p>\n

But his influence app<\/a>ears to have diminished with the rise of social media outlets like Twitter. According to Lysiak, the site drew in a billion page views a month in its heyday but more recently has been pulling in 20 million views.<\/p>\n

There have been other changes as well. Last year, The Drudge Report tossed its advertising representative of the past 20 years, Intermarkets, and in favor the nascent Granite Cubed, according to Buzzfeed News, which said the fledgling company is owned by Margaret Otto, whose family has an association with the Drudge family going back years.<\/p>\n

At the same time, the Drudge Report began taking a decided anti-Trump stance, angering some of his readers. Lysiak says this was notable in the site\u2019s recent coverage of Trump\u2019s pick of Amy Coney Barrett to fill the Supreme Court slot vacated by the passing of Ruth Bader Ginsburg.<\/p>\n

\u201cHe\u2019s always been a very pro-life libertarian,\u201d noted Lysiak. \u201cBut in his coverage of Amy Coney Barrett, he\u2019s linked to stories that she\u2019s a religious zealot.\u201d<\/p>\n

\u201cWhat they don\u2019t understand,\u201d Lysiak says, is that Drudge \u201cwas never motivated by political loyalties, but by page clicks and staying relevant. And while his views to his website are down, he has succeeded in another way: Everyone is once again talking about Matt Drudge.\u201d<\/p>\n

Singer, a GOP mega-donor, has dabbled in media in the past. He is one of the major benefactors of the conservative leaning Washington Free Beacon, which was the site that first retained Fusion GPS to do opposition research on Trump in the run-up to his nomination in 2016. At that point, the Washington Free Beacon had stopped funding the research, but it was eventually picked up and funded by the Hillary Clinton campaign, which led to the infamous and controversial Steele dossier by former British intelligence agent Christopher Steele.<\/p>\n

Singer opposed Trump in 2016, but the two men appear to have patched up their differences of late.<\/p>\n

Even if a billionaire like Singer was throwing money at Matt Drudge, Matt would never give up control unless desperate, adds Lysiak, whose book recounts what the news aggregator said at the funeral of his mentor Andrew Breitbart in March 2012.<\/p>\n

After running into Steve Bannon, who was at that time running Breitbart\u2019s newsroom, Drudge questioned whether Breitbart\u2019s passing meant the conservative news site was kaput.<\/p>\n

\u201cSo are you guys going to fold up,\u201d Drudge is quoted as asking. \u201cWe are moving full steam ahead,\u201d answered Bannon. \u201cThe day I go, the Drudge Report is over,\u201d Drudge reportedly responded while shaking his head.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Matt Drudge rumored to be seeking investors for Drudge Report” Matt Drudge is the latest media mogul rumored to be looking for a cash infusion in the form of a partial sale of his popular news website Drudge Report. The juicy tidbit bounced around this week from the financial world to the publishing world, reaching…<\/p>\n","protected":false},"author":1,"featured_media":78335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/09\/Matt-Drudge.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[73426,73591,4935,73592],"class_list":["post-78334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-29-20","tag-drudge-report","tag-media-ink","tag-paul-singer"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/78334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=78334"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/78334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/78335"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=78334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=78334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=78334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}