Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Glenn Beck’s ‘The Blaze’ Is Burning Down
Posted
August 2, 2016
Views
237,959
Likes
4,389
Comments
695
Engagement
2.14%
August 2, 2016
237,959
4,389
695
2.14%
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7:29Now PlayingThe Blaze is in a lot of trouble. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
“Conservative television and radio host Glenn Beck has filed a lawsuit in Texas against the man who used to run his entertainment and news network, TheBlaze, according to sources close to Mr. Beck. The petition, obtained by LawNewz.com, was filed on behalf of Mercury Radio Arts, which serves as Beck’s production and operating company over TheBlaze. The complaint accuses Chris Balfe of breach of contract, general mismanagement, breach of fiduciary duty, and fraud. Balfe served as the COO of Mercury Radio Arts and was CEO of TheBlaze until he left in December 2014 to start his own company, Red Seat Ventures. Balfe had worked for Beck for more than 10 years, and was credited with helping to grow Beck’s business.
“I am embarrassed and saddened it has come to this. It is an ongoing legal matter so you will not hear me speak of this often but as always, I want you to hear it from me,” Beck wrote on his website on Monday.
Beck’s lawsuit comes amid reports of internal financial turmoil at TheBlaze. The complaint alleges between 2009 and 2014, Balfe’s compensation totaled in excess of $13 million.”
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