Even fake news isn’t safe
The Onion’s CEO Orders More Pandering to Advertisers
The Onion is hurting badly. To survive, the publication must cave to advertisers, CEO Steve Hannah has declared in a memo to staff, which we’ve obtained and reproduced after the jump.
You may recall that the multimedia humor juggernaut killed two of its local print editions in May. The move came amid a “very rough first half of the year,” as Hannah puts it in his memo, and a total of $6 million in cost reductions.
