Liberal Activists Want to Buy Your Local TV Station

Semafor

Progressive media activists, rattled by the collapse of a generation of youth-oriented digital news outlets like Vice and BuzzFeed News, are pushing wealthy Democrats to invest in for-profit media companies and social media influencers.

That’s the conclusion of an 85-page report, obtained by Semafor and subsequently published online, prepared for a gathering of progressive leaders in Washington, D.C. last month.

The report calls for “diverting a share of the investment that’s going into exclusively cause-funded nonprofits towards sponsored content and into direct investment in hybrid and for-profit enterprises with large audiences.

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