Milo Yiannopoulos’s media company lays off staffers amid funding issues

The media company owned by right-wing provocateur Milo Yiannopolous has reportedly laid off several staffers as funding for his media ventures has dried up.

Milo Entertainment Inc., which previously employed several full-time and part-time staffers, has laid off multiple people in recent weeks, former employees told Politico.

{mosads}Politico reports that the right-wing speaker and former Breitbart editor had been expecting significant backing from banking heir and cryptocurrency investor Matthew Mellon before Mellon’s unexpected death earlier this month.

Mellon died April 16 after a battle with drug addition. Yiannopoulos’s media ventures were previously supported by GOP mega-donor Robert Mercer and his daughter Rebekah Mercer, major backers of President Trump who announced they were ending their support for Yiannopolous last year. 

Among those reportedly laid off at Milo Entertainment Inc. were CEO Alexander Macris and journalist Chadwick Moore, who Yiannopoulos told Politico were terminated but remain compensated through his other ventures.

Moore disputed Politico’s characterization of the company’s layoffs, stating in an email to the website that he remained one of Yiannopoulos’s employees.

“I haven’t a clue what you’re talking about. I’m just an editor. I got paid today and the work continues!” he wrote.

Two other full-time staffers were laid off entirely by Yiannopoulos, Politico reports, and former staffers say the firings could go further.

“He fired everybody,” one Politico source close to Yiannopoulos’s organization said.

Two sources said that Moore spent several days with Yiannopoulos after his official firing before Macris called him to inform Moore of his termination. Yiannopoulos was supposed to have already informed him, according to the report.