Politico’s VandeHei Blasts ‘Crap Trap’ of News Media

The outgoing CEO and co-founder of Politico, Jim VandeHei, blasted the news industry for falling into “crap trap” journalism aimed at amassing big audiences at the expense of substantive coverage.

Mr. VandeHei made his comments during an on-stage interview at The Information’s New York Subscriber Summit on Tuesday. He is leaving the insider political news site to start a new venture, which he said would cover lots of topics and target audiences looking for real information. As for the business model, Mr. Vandehei said his dream would be to create a company that doesn’t require any advertising.

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“Everyone brags about 100 million unique visitors. So what? What does that mean? How much money did you make off that?”

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