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Drudge: Huffington Post lost $7 million last year
Before AOL ponied up the wampum for Huffington Post, their cash burn rate was $1 million a month, so this is an improvement. Hard to get my head around how leftists like Arianna Huffington can convince other rich folks to fund her money-losing projects, and not wind up in court.
Posted by: badanov 2013-08-11
http://www.rantburg.com/poparticle.php?ID=373698