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 in funding and has projected that it will generate $100 million in revenue for 2024.
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