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Messenger implosion: I know what those journalists were thinking. I thought it about Fusion.

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Many media observers have compared the meltdown of the Messenger—which blew through $50 million in under a year and pursued a growth plan better suited to 2014—to the disaster that was Quibi, the short-form video startup that collapsed basically as soon as it launched in 2020. But the real comparison that should be made here is to Fusion, where I worked for a little over a year, from 2014–16. Yes, Fusion lasted longer, and even merged and mutated a few times before finally taking its last breath (as Splinter News) in 2019. (Well, it could always be reanimated, hopefully not like the Hairpin.) But it comes to mind because it was a similar roller coaster. I would be lying if I said that when I took the job, I was fully confident in Fusion’s future. And once I arrived, I never had any idea how in the world we were going to last.

So why did I take a job at a place I wasn’t positive would survive, let alone thrive? In 2014 it was different than it is today. Facebook was still a fire hose of clicks, and a bunch of places were dedicated to riding the wave, from Fusion to Mashable to Vocativ. Even more legacy media brands were benefiting from the platforms. This prosperity meant there were a lot of jobs. The media business expanded, audience development became a thing, and there was a lot of hopping around, at least for some of us. That was fun! It took me from Adweek to Yahoo News to NBC News to Fusion, and I learned new things at each place, not just about how to distribute on the platforms, but about how to use them for newsgathering, for contacting sources, for spotting trends. As much as I think that what Facebook wreaked on media overall is terrible—and good riddance!—there were some upsides. More jobs and diversity in our business were two.

I was working at NBC News when the opportunity at Fusion materialized. I was looking to leave my role running the digital newsroom at the network—there was a leadership change at the top, and I didn’t agree with the strategy being imposed on me and my team—and I called my friend Anna Holmes to tell her what was going on. She was at Fusion. “You should come here,” she said. “We could use someone with your skills.” So what happened was I had a few meetings, and they offered me a big job with a hugely inflated title—global news director—and a ton of money. (Not Messenger EIC money, but still.) I didn’t really understand what Fusion was, but there were some cool people there and I’d figure out my job when I got there, right?

Well, sort of. There was a lot of confusion and shuffling and changing of roles—eventually, my job narrowed to oversee 2016 election stuff—but none of that is all that important. What is important is that once I got there, I understood that in a year’s time we needed to double our traffic—I cannot remember if the metric was unique visitors or page views—in order to meet the overall revenue goals agreed to by our executives. It was daunting. Fortunately, we had an audience development team that would help distribute our work in a way that would drive this growth.

Unfortunately, our editorial mission—to cover underserved communities, to focus on social justice, to focus on millennial readers and generally push for progressive social change—was fairly misaligned with our packaging strategy, which was ripped from Upworthy.

So, all along this brief and stressful ride, I wondered: How long will we/Fusion last? Men at the top had shelled out exorbitant salaries to big names, execs, and newsroom leaders. (I would bundle myself in that last category, based on the amount of experience I had at the time.) We even had a future conspiracy theorist being paid handsomely for documentary work that largely never materialized. People attended Davos. Increasingly, the brass asked for viral hits while our newsroom had been assembled to do the meaningful, impactful journalism we were told would define Fusion. At one point in late 2015, I got a call from an executive asking me if I wanted to do a Fusion bus tour across America; he’d met a guy who specialized in this and we could bankroll it as long as I could get the payment completed before the end of the year. (Budgets are always use-it-or-lose-it.) There were hundreds of thousands of dollars there for me to just …. do a bus tour. I did plan a bus tour, although I left Fusion before the project came to fruition. (When I got to HuffPost in 2017, though, we executed my original vision for this project as Listen to America, a career highlight for myself and lots of other folks who were part of it.)

My point is: It felt as if there was money everywhere at Fusion. There even WAS money at Fusion, for a while. But I knew even early on that the money continuing to flow was contingent on a kind of growth that we were never going to find. And that meant that the revenue to sustain us was never going to be there. I suspect that a number of folks at the Messenger had these same fears, feelings, suspicions. How could they not have, given the bombast of the owners from the outset, claiming they could do something—basically, rejack social media in order to bring in millions of dollars in revenue—that experts at that very thing had failed to achieve after years of trying?

I left Fusion in 2016 to embark on a different, fatally flawed project that I won’t catalog here. It was bittersweet. I did have a sense of relief because sometimes things are so broken and tangled that even people like myself, who relish taking on the myriad problems of newsrooms and the news business, cannot see a path forward. But I also felt extremely guilty. I had hired some great people into Fusion—the tiny, optimistic side of myself hoped that if we did get the right team, we would crack a code—and I was abandoning them, not to a sinking ship, but to a slowly leaking one. A lot of very, very excellent journalists worked at Fusion and Splinter. I hope they can at least still access their clips.

I can only imagine the thought processes of people who left good jobs to go to the Messenger. Perhaps they were just offered a ton of money (seems conceivable, based on what we know about the EIC’s salary and the flagrant spending on office space) and couldn’t turn it down. (Who can blame them, in this industry?) Perhaps, like me at NBC News, they were unhappy where they were and figured: Why not take a risk? Perhaps, like the writer of this good piece about the Messenger’s last day, they were freelancing and figured that trying a full-time gig could bring some upside. (And it may have, except that the Messenger seems to have erased all of its writers’ work.)

Or perhaps they actually believed they could pull it off, or that the executives above them could. I do not blame anyone for believing. I suppose there are still folks out there who haven’t had their hearts ripped out by this business and who can still be receptive to bombastic pronouncements of the likes we heard from the Messenger’s CEO. Although I haven’t met anyone like that in a very, very long time.

 

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What to stream this weekend: ‘Civil War,’ Snow Patrol, ‘How to Die Alone,’ ‘Tulsa King’ and ‘Uglies’

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Hallmark launching a streaming service with two new original series, and Bill Skarsgård out for revenge in “Boy Kills World” are some of the new television, films, music and games headed to a device near you.

Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Alex Garland’s “Civil War” starring Kirsten Dunst, Natasha Rothwell’s heartfelt comedy for Hulu called “How to Die Alone” and Sylvester Stallone’s second season of “Tulsa King” debuts.

NEW MOVIES TO STREAM SEPT. 9-15

Alex Garland’s “Civil War” is finally making its debut on MAX on Friday. The film stars Kirsten Dunst as a veteran photojournalist covering a violent war that’s divided America; She reluctantly allows an aspiring photographer, played by Cailee Spaeny, to tag along as she, an editor (Stephen McKinley Henderson) and a reporter (Wagner Moura) make the dangerous journey to Washington, D.C., to interview the president (Nick Offerman), a blustery, rising despot who has given himself a third term, taken to attacking his citizens and shut himself off from the press. In my review, I called it a bellowing and haunting experience; Smart and thought-provoking with great performances. It’s well worth a watch.

— Joey King stars in Netflix’s adaptation of Scott Westerfeld’s “Uglies,” about a future society in which everyone is required to have beautifying cosmetic surgery at age 16. Streaming on Friday, McG directed the film, in which King’s character inadvertently finds herself in the midst of an uprising against the status quo. “Outer Banks” star Chase Stokes plays King’s best friend.

— Bill Skarsgård is out for revenge against the woman (Famke Janssen) who killed his family in “Boy Kills World,” coming to Hulu on Friday. Moritz Mohr directed the ultra-violent film, of which Variety critic Owen Gleiberman wrote: “It’s a depraved vision, yet I got caught up in its kick-ass revenge-horror pizzazz, its disreputable commitment to what it was doing.”

AP Film Writer Lindsey Bahr

NEW MUSIC TO STREAM SEPT. 9-15

— The year was 2006. Snow Patrol, the Northern Irish-Scottish alternative rock band, released an album, “Eyes Open,” producing the biggest hit of their career: “Chasing Cars.” A lot has happened in the time since — three, soon to be four quality full-length albums, to be exact. On Friday, the band will release “The Forest Is the Path,” their first new album in seven years. Anthemic pop-rock is the name of the game across songs of love and loss, like “All,”“The Beginning” and “This Is the Sound Of Your Voice.”

— For fans of raucous guitar music, Jordan Peele’s 2022 sci-fi thriller, “NOPE,” provided a surprising, if tiny, thrill. One of the leads, Emerald “Em” Haywood portrayed by Keke Palmer, rocks a Jesus Lizard shirt. (Also featured through the film: Rage Against the Machine, Wipers, Mr Bungle, Butthole Surfers and Earth band shirts.) The Austin noise rock band are a less than obvious pick, having been signed to the legendary Touch and Go Records and having stopped releasing new albums in 1998. That changes on Friday the 13th, when “Rack” arrives. And for those curious: The Jesus Lizard’s intensity never went away.

AP Music Writer Maria Sherman

NEW SHOWS TO STREAM SEPT. 9-15

— Hallmark launched a streaming service called Hallmark+ on Tuesday with two new original series, the scripted drama “The Chicken Sisters” and unscripted series “Celebrations with Lacey Chabert.” If you’re a Hallmark holiday movies fan, you know Chabert. She’s starred in more than 30 of their films and many are holiday themed. Off camera, Chabert has a passion for throwing parties and entertaining. In “Celebrations,” deserving people are surprised with a bash in their honor — planned with Chabert’s help. “The Chicken Sisters” stars Schuyler Fisk, Wendie Malick and Lea Thompson in a show about employees at rival chicken restaurants in a small town. The eight-episode series is based on a novel of the same name.

Natasha Rothwell of “Insecure” and “The White Lotus” fame created and stars in a new heartfelt comedy for Hulu called “How to Die Alone.” She plays Mel, a broke, go-along-to-get-along, single, airport employee who, after a near-death experience, makes the conscious decision to take risks and pursue her dreams. Rothwell has been working on the series for the past eight years and described it to The AP as “the most vulnerable piece of art I’ve ever put into the world.” Like Mel, Rothwell had to learn to bet on herself to make the show she wanted to make. “In the Venn diagram of me and Mel, there’s significant overlap,” said Rothwell. It premieres Friday on Hulu.

— Shailene Woodley, DeWanda Wise and Betty Gilpin star in a new drama for Starz called “Three Women,” about entrepreneur Sloane, homemaker Lina and student Maggie who are each stepping into their power and making life-changing decisions. They’re interviewed by a writer named Gia (Woodley.) The series is based on a 2019 best-selling book of the same name by Lisa Taddeo. “Three Women” premieres Friday on Starz.

— Sylvester Stallone’s second season of “Tulsa King” debuts Sunday on Paramount+. Stallone plays Dwight Manfredi, a mafia boss who was recently released from prison after serving 25 years. He’s sent to Tulsa to set up a new crime syndicate. The series is created by Taylor Sheridan of “Yellowstone” fame.

Alicia Rancilio

NEW VIDEO GAMES TO PLAY

— One thing about the title of Focus Entertainment’s Warhammer 40,000: Space Marine 2 — you know exactly what you’re in for. You are Demetrian Titus, a genetically enhanced brute sent into battle against the Tyranids, an insectoid species with an insatiable craving for human flesh. You have a rocket-powered suit of armor and an arsenal of ridiculous weapons like the “Chainsword,” the “Thunderhammer” and the “Melta Rifle,” so what could go wrong? Besides the squishy single-player mode, there are cooperative missions and six-vs.-six free-for-alls. You can suit up now on PlayStation 5, Xbox X/S or PC.

— Likewise, Wild Bastards isn’t exactly the kind of title that’s going to attract fans of, say, Animal Crossing. It’s another sci-fi shooter, but the protagonists are a gang of 13 varmints — aliens and androids included — who are on the run from the law. Each outlaw has a distinctive set of weapons and special powers: Sarge, for example, is a robot with horse genes, while Billy the Squid is … well, you get the idea. Australian studio Blue Manchu developed the 2019 cult hit Void Bastards, and this Wild-West-in-space spinoff has the same snarky humor and vibrant, neon-drenched cartoon look. Saddle up on PlayStation 5, Xbox X/S, Nintendo Switch or PC.

Lou Kesten

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Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

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Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.

Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.

Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.

Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.

Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.

Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.

Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.

As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.

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Arizona man accused of social media threats to Trump is arrested

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Cochise County, AZ — Law enforcement officials in Arizona have apprehended Ronald Lee Syvrud, a 66-year-old resident of Cochise County, after a manhunt was launched following alleged death threats he made against former President Donald Trump. The threats reportedly surfaced in social media posts over the past two weeks, as Trump visited the US-Mexico border in Cochise County on Thursday.

Syvrud, who hails from Benson, Arizona, located about 50 miles southeast of Tucson, was captured by the Cochise County Sheriff’s Office on Thursday afternoon. The Sheriff’s Office confirmed his arrest, stating, “This subject has been taken into custody without incident.”

In addition to the alleged threats against Trump, Syvrud is wanted for multiple offences, including failure to register as a sex offender. He also faces several warrants in both Wisconsin and Arizona, including charges for driving under the influence and a felony hit-and-run.

The timing of the arrest coincided with Trump’s visit to Cochise County, where he toured the US-Mexico border. During his visit, Trump addressed the ongoing border issues and criticized his political rival, Democratic presidential nominee Kamala Harris, for what he described as lax immigration policies. When asked by reporters about the ongoing manhunt for Syvrud, Trump responded, “No, I have not heard that, but I am not that surprised and the reason is because I want to do things that are very bad for the bad guys.”

This incident marks the latest in a series of threats against political figures during the current election cycle. Just earlier this month, a 66-year-old Virginia man was arrested on suspicion of making death threats against Vice President Kamala Harris and other public officials.

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