Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYiannopoulos' business implodes after death of crypto-billionaire
By BEN SCHRECKINGER 04/27/2018 12:14 PM EDT Updated 04/27/2018 01:12 PM EDT
Running out of money and down on his luck, right-wing provocateur Milo Yiannopoulos laid off the small staff of Milo Entertainment Inc. earlier this month, according to three people familiar with the situation.
Yiannopoulos company has fallen on hard times ever since his former patrons, Robert and Rebekah Mercer, severed their financial backing last year.
According to the sources, Yiannopoulos had been expecting to instead receive significant financial backing from the banking heir and cryptocurrency billionaire Matthew Mellon. But those hopes were dashed with Mellons unexpected death from an apparent drug overdose on April 16.
On Monday, Yiannopoulos posted a photo on Instagram of himself with Mellon. I spent a few days and nights in Miami and LA with the incredible human being Matthew Mellon, the last of them just a day before he passed, Yiannopoulos wrote in the caption. He was brilliant, infectious and warm-hearted and I will never forget getting to know this remarkable person. Rest in peace now, MM. You left a giant stamp on the world.
With Mellons unexpected death, Yiannopoulos could no longer afford the staff of Milo Entertainment.
more
https://www.politico.com/story/2018/04/27/yiannopoulos-business-implodes-after-death-of-crypto-billionaire-557456
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
8 replies, 1391 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (11)
ReplyReply to this post
8 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Yiannopoulos' business implodes after death of crypto-billionaire (Original Post)
DonViejo
Apr 2018
OP
John Fante
(3,479 posts)1. Sounds like he's down on his luck.
May I suggest a cyanide capsule?
Cirque du So-What
(26,027 posts)2. ...
malthaussen
(17,237 posts)3. I hear Wal-Mart is hiring. n/t
Yo_Mama_Been_Loggin
(108,442 posts)4. Aww what a shame
marble falls
(57,494 posts)5. Video to follow....
NCTraveler
(30,481 posts)6. They fund their own.
That is my takeaway. Milo didn't need to turn a profit as long as he tows the line for them. He can actually veer outside of the lines, within reason. Within reason for these people is much different than a lot of society.
RockRaven
(15,080 posts)7. Too bad, so sad
I'm glad, u mad?
muriel_volestrangler
(101,412 posts)8. It's about time his visa to remain in the USA was revoked
seeing as he can't hold down a job. He's just a chancer looking for people to fund his fun.