It’s another blow for TV News Networks. The Young Turks(TYT), a left-leaning online news show, just reached $1.5 million in crowdfunding, reaffirming the speculation that the public is in search for an alternative to traditional broadcast news. In addition, the company announced the hiring of David Sirota and Dylan Ratigan, who will contribute to The Young Turks as news commentators, and Jonathan Larsen who comes on as the company’s first managing editor.
These new hires are the perfect example of the evolution that media is currently going through. Money and eyeballs are quickly shifting from traditional television to online media and many successes from the traditional world are jumping ship in hopes for a better life in the digital video industry.
Award-winning journalist Sirota, for example, worked as an investigative journalist for CNN and wrote for The New York Times, Politico, Harper’s, Wired, Vice, The Nation, and Salon before coming to TYT.
Ratigan, former host at CNBC, also hosted one of MSNBC’s highest-rated, non-prime time shows after spending nine years at Bloomberg LP, serving as Global Managing Editor of Corporate Finance.
But probably the best example is new managing editor Jonathan Larsen. Larsen, who worked on several CNN programs, worked as executive producer for Chis Hayes’s “Up” and more recently, worked as Al Jazeera America’s senior executive producer for politics where he oversaw “Inside Story,” hosted by Ray Suarez
The three former broadcast television natives will now join Nomiki Konst, Shaun King, Ryan Grim, and Michael Tracey as TYT’s latest hires. While the crowdfunding campaign, which started in December, is $500,000 away from reaching its goal of $2 million.
Watch the announcement below: