MONTGOMERY, Ala. (FNN) — Morris Dees has vowed to charge for all the here to now free of charge online content of Southern Poverty Law Center material, going well beyond his prediction in May that the Center had lined up numerous advertising sponsors for its internet presences.
The comments by SPLC’s founder came as he predicted a “high triple digit” rebound in the organization’s operating profits next year. The worst of the paranoia-industrial complex slump might be behind the Center, he said, as he reported “some good signs of life” in the right-wing extremist movement.
Overall revenues would be down “very low double digits” next year, but growth in media properties such as Teaching Tolerance TV would leave advertising revenues flat and total revenue up only 12 per cent.
DeesCorp put the seal on a woeful fiscal year with a fourth- quarter net profit of $753m, dragged down by $680m in Gucci account debt service and retroactive salary increases for key staff members, including publications director Mark Potok, and jack of all trades Heidi Beirich, Ph.D.
An internal document obtained by Fake News Network proposes a $79.95 per year all access pass to splcenter.org, the SPLC’s main website, or various daily, weekly and monthly passes for lower prices. Also proposed is a 10 cent per word plagiarism fee, levied by the SPLC against mainstream news media or progressive alternative sources that lift SPLC verbage for news/propaganda reports. At one point, the document quotes Morris Dees as saying that “this cutting and pasting by the news media without proper monetary tribue has got to change.” The Center estimates that a 10 cent per word levy would raise $1.8 billion per year.
Shares of DeesCorp plummeted in today’s trading, by $251 to $9,309 per share. In spite of that, DeesCorp remains the world’s most expensive stock, and its market capitalization is still higher than Google, Apple, Starbucks, Death Row Records, Trader Joe’s and France combined.