Gawker Paid Fox News Mole $5K: Forbes

Joe Muto apparently hasn't struck it rich over his posts
By John Johnson,  Newser Staff
Posted Apr 12, 2012 5:54 PM CDT
Gawker Paid Fox News Mole $5K: Forbes
A screen shot from   (Gawker)

So what's a mole go for these days? Gawker paid Fox News turncoat Joe Muto $5,000 for his insider posts, writes Jeff Bercovici at Forbes. (He says he got the figure straight from John Cook, a friend who works for Gawker.) Bercovici crunches some numbers on ad rates and page views on Muto's posts and figures Gawker already has made that money back and then some.

"For Muto, it’s not such a great deal, unless he manages to get a book deal out of the whole thing," he writes. But at least it "got him out of job he says he hated but somehow couldn’t bring himself to quit for eight years." Gawker, meanwhile, has posted a warning letter it received from lawyers at Fox. As for Muto himself, "I think it's pretty safe to say my career in cable news is over," he tells the Daily News. "I'm currently planning my next move." (More Fox News stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.