From a statement by Breitbart.com:
Stephen K. Bannon has stepped down from Breitbart News Network, where he served as Executive Chairman since 2012.
Bannon and Breitbart will work together on a smooth and orderly transition.
Bannon said, “I’m proud of what the Breitbart team has accomplished in so short a period of time in building out a world-class news platform.”
According to Breitbart CEO Larry Solov, “Steve is a valued part of our legacy, and we will always be grateful for his contributions, and what he has helped us to accomplish.”
The White House had taken the unusual step of calling on Breitbart to ditch Bannon after he was quoted making negative statements about President Trump and Trump’s family in a new book by Michael Wolff. According to the New York Times, Rebekah Mercer, a part owner of Breitbart who had previously financed Bannon’s activities, forced Bannon’s removal.
Breitbart’s identity was molded by Bannon. Now it will have to find its way without him. And, quite possibly, compete with a rival populist publication that Bannon may seek to launch.