Medialternatives predicted collapse of O’Reilly empire

The man who stiffed journalists of payments and who controlled the Independent Group with an iron fist is no longer a media baron. The much-reduced Irish-owned Independent Group has been sent packing back to Ireland, thanks to a deal which saw the group’s South African assets bought out by local investors. This is not surprising since this writer warned about the O’Reilly ponzi scheme and impending bankruptcy with its unintended consequences for journalism some time ago.

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