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Money doesn't solve everything, as three big media companies learned in this week.

Within five days, three news media outlets — the left-leaning HuffPost Live and New Republic, and the Qatar-funded Al Jazeera America — have all publicly announced that they're either up for sale or closing down.

The failures came even though all three were believed to have been backed by a seemingly endless stream of funding that would see them into a future where they could become profitable.

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