In the wake of the mass criticism from media around news site The Messenger, Jimmy Finkelstein is sticking up for his new venture.
“I sold The Hill a year and a half ago,” Finkelstein told Vanity Fair. “The Hill made about $18 million [in profit]. We had 120 million visits on average a month, with about 70 reporters and 90 people in the editorial department. Clearly, it wasn’t impossible, because we did it. Now we’re not only gonna have as large, if not larger, a political [audience], but we’re also gonna have sports and business and general news. So, I mean, it’s hard to imagine that we can’t do it.”
In 2021, Finkelstein’s The Hill was sold to Nextstar Media Group for $130 million. Two years later, its former owner has launched the ambitious The Messenger. The digital news media company launched with $50 million from investors and has projected that it will…
