Huffington Magazine Issue 2 | Page 73

INSIDE THE CULT News anchor Tom Brokaw appeared on the video, too, praising chief White House correspondent Mike Allen. “I don’t know how he does it,” Brokaw gushed about Allen, “but whatever it is, we all want a part of it.” A few weeks later, during the wedding reception of Jonathan Martin, Politico’s senior political reporter, and Meet the Press executive producer Betsy Fischer — a chattering class soiree Allen chronicled on his must-read morning “Playbook” — Brokaw toasted the happy couple, noting that their marriage symbolized the “union of these two most powerful organizations in American political journalism.” So it is that Politico, the last election cycle’s insurgent, has morphed into a muscular member of this cycle’s establishment. No longer the upstart it was during Barack Obama’s 2008 presidential campaign, Politico’s current success is also freighted with the reality that however cultish it may be, however pivotal it has become, it is also at a crossroads: Having built a sizable and still-expanding newsroom of 225 editorial and business staffers, Politico has to size up new revenue streams and reshape the franchise in such a way that HUFFINGTON 06.24.12 staffers speculate the company’s co-founders may not stick around a few years from now. In the middle of an election year, with political junkies frothing, Politico’s traffic during the first five months of 2012 is down, from an average of 4.229 million unique visitors in 2011 to 4.165 million so far this year, according to the Internet marketing research firm comScore. Traffic numbers over the past two years, which have basically plateaued, suggest Politico has captured just about as big an audience as it can for its unique brand of non-stop political news. Politico charges premium advertising rates in the Beltway, but isn’t immune from the cur-