I know the media is beyond pathetic and begging for money from the stimulus, but it looks like at least one actually got your tax payer dollars to fun their failing business model. Left wing propaganda site Axios has apparently “qualified” for a small business loan as they continue to spew their left wing propaganda. How many other left wing propaganda media outfits will get your tax dollars after Axios? Yea, because corporate media Axios is such a small business right? What a joke! Who’s next to get a “small business” loan? CNN?
| WTF? Left wing media Axios gets small business loan from stimulus |
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News site Axios announced Wednesday that it had qualified for a small-business loan as part of the economic stimulus passed amid the coronavirus outbreak.
In a blog post, editor Jim VandeHei indicated that the company was suffering financially because of the hit to its events business and the hit to advertising caused by the economic fallout from the pandemic.
“We are in the somewhat unique position of being both a media company, which covers government and business, and a job-creating small business with a national presence. So we wanted to be fully transparent about our thinking,” VandeHei wrote.
“We have taken a financial hit like other small businesses,” he added. “The media, broadly speaking, is getting crushed by the economic fallout.”
VandeHei went on to add that the company had qualified for a loan from the Paycheck Protection Program (PPP) valued at “just shy of $5 million,” and pledged that Axios would make that clear in its future reporting on the economic stimulus packages.