July 22, 2017

FUSION GPS ILLUMINATES THE BRAVE NEW WORLD OF MANUFACTURED NEWS FOR HIRE:

The news media is dead broke. Print advertising is washed up and all the digital advertising that was supposed to replace lost revenue from print ads and subscribers has been swallowed up by Facebook and Google. But the good news is that people will still pay for stories, and it’s an awful lot easier to bill one customer than invoicing the 1,500 readers of your blog. The top customers for these stories are political operations.

There is no accurate accounting of how many of the stories you read in the news are the fruit of opposition research, because no journalist wants to admit how many of their top “sources” are just information packagers—which is why the blinding success of Fusion GPS is the least-covered media story in America right now. There’s plenty of oppo research on the right, but most of it comes from the left. That’s not because Republicans are more virtuous than Democrats and look for dirt less than their rivals do. Nor conversely is it because Republicans make a richer subject for opposition research because they’re so much more corrupt. Nope, it’s simple arithmetic: Most journalists lean to the left, and so do the majority of career officials who staff the federal government. There are more sounding boards on the left, and more sources. It’s not ideological, it’s business.

Thus, most of Fusion GPS’s contracts seem to come from the left—except for its most famous project, the Russia dossier. Before it was passed on to the Democrats, it started on the right, when one Republican candidate—thought to be Jeb Bush but never confirmed—hired the outfit to amass damning material on Trump. From humble beginnings, it has taken on the shape of a modern-day legend.

Read the whole thing.

Related: Co-founder of firm behind Trump-Russia dossier to plead the Fifth.