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Fake News Of The Week

ONN2.jpgIts been a big week in fake news. First, there were rumors that The Onion was planning cut its print edition, which were quickly refuted, although the satiric pub did eventually admit that they were shutting down print operations in San Francisco and Los Angeles.

That blow to the fake news industry was counteracted by NBC’s announcement that it was planning to place half-hour “Weekend Update” shows on its fall schedule, a trick they pulled off last year by positioning it as extra election coverage. The show will be anchored by “Saturday Night Live” head writer Seth Meyers and will fill out the network’s Thursday night line-up, NBC said.

In further celebration of fake news, AdAge.com has a Q&A with Onion president and CEO Steve Hannah, who reveals that the paper’s digital side is now bringing in more than half of the company’s revenue.

“Digital is becoming a bigger chunk of our revenue than print,” Hannah said. “Print is still very strong for us. Digital, it’s not much more than half, but it’s more than half.”

Hannah also said he is looking to move the popular Onion News Network to television. With the success of fake news on TV, its possible we could see an ONN on prime time up against “Weekend Update” some time soon.

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