Jimmy Finkelstein's New Media Venture

SOURCE finance.yahoo.com
Jimmy Finkelstein, former owner of The Hill and failed media outlet The Messenger, is planning a new project in the health industry. He has met with potential investors and is determined to make a comeback in the media business despite facing lawsuits from former employees.

Key Points

  • Finkelstein's new project may be health industry-related.
  • He is known for hosting off-record Zoom chats to gather experts and potential investors.
  • Former employees of The Messenger have filed lawsuits against Finkelstein.

Pros

  • Jimmy Finkelstein is determined to launch a new project in the media industry.
  • Potential investment from notable figures like Loews CEO James Tisch and Newsmax chief Chris Ruddy.

Cons

  • Facing lawsuits from former employees for reneging on severance packages and back pay.
  • Previous venture, The Messenger, ended in failure leaving hundreds of journalists unemployed.