Thursday, February 6, 2025

Cash Cows

Who got big bucks:
Outlets such as Politico, The New York Times, Wall Street Journal parent company Dow Jones & Co Inc., The Associated Press and others raked in taxpayer dollars from a myriad of federal agencies, according to public U.S. spending records. Trust in the corporate media has plummeted to its lowest levels since at least 1972, as numerous reporting blunders from major outlets continue to drive trust down. Politico has taken a grand total of $35,018,269 in obligated taxpayer dollars in the form of contracts from 2015 to present day, with some longer-term contracts extending all the way to 2029, according to the spending data. Politico Pro subscriptions accounted for $8.2 million of spending, which includes a networking framework in addition to granting access to paid content, according to Politico’s website. A subscription to Politico Pro can cost approximately $10,000, and is commonly used among Hill staff of both parties. Politico’s customers included the Department of Defense (DOD), Department of Agriculture, and The Executive Office of the President (EOP) among many other agencies, according to spending data.
You paid their salary, whether you knew it or not...

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