Drudge Report and Craigslist have helped to kill newspapers

August 8, 2013 by History in a Hurry

Drudge Report Is Worth as Much as The Washington Post.

Written by Gary North on August 7, 2013

The general estimate is that Drudge’s site, run by two people, is worth about what Bezos paid for The Washington Post: $250 million. It may be worth more. He owns all of it.

Drudge is a conservative. The liberal reporters who dismissed Drudge as an amateur back in 1998, when he scooped the industry with his report on the Lewinsky affair, are in new lines of work. Who’s got the last laugh now?

Continue reading:

http://teapartyeconomist.com/2013/08/07/washington-podst-shares-rose-by-5-after-the-bezos-story-broke/

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