Greenwald debuts Omidyar-backed The Intercept

[OilemFirchen]

21. I give it six months.

Then it's another Firedoglake.

The biggest problem with these left wing strident advocacy "news" sites is not their aimless, shoddy reporting by hack wannabes. It's always the utter humorlessness and naivety of all the participants. This one, in addition, incorporates an innate weakness - if, and when, it fails to turn a profit, the principals and donors will bail. Unlike comparable right wing sites, they can't cash in selling coffee mugs and bumper stickers. No money equals no exposure outside the bubble. At the very least competitive sites were never designed to be cash cows, so they can trundle along by merely meeting their minimal operating expenses. 'Taint gonna happen here.

Anyway, good luck to them. And their hundreds of readers.