cccjwh Posted March 26 Report Share Posted March 26 Nothing like getting your "news" from a middle east royal family. But hey you guys are used to getting you news from Russia, so I guess it isn't that big of a switch. MAGA the stupidest cult in modern history. Qatari royal invested about $50 million in pro-Trump network Newsmax - The Washington Post A member of the Qatari royal family invested roughly $50 million in Newsmax, according to documents and representatives for the media company and the royal, in a moment of acute Middle East tensions during the Trump administration. The investment bolstered a key conservative media outlet at a time when Qatar was facing intense diplomatic pressure from its neighbors and seeking allies in the United States. Newsmax had been looking for outside investors to better compete with its much larger rival, Fox News, according to people who spoke at the time with its founder and CEO, Christopher Ruddy. Before and after the investment, senior newsroom leaders urged Newsmax staff to soften coverage of Qatar, current and former employees said. A representative for Newsmax strongly disputed that the network “slanted coverage to be favorable to Qatar,” and that Ruddy had told staff not to criticize the country. Newsmax and Heritage Advisors confirmed the investment after being presented with documents detailing the transaction, which show that Sultan subsequently transferred his stake to a Cayman Islands-based corporate structure. The $50 million investment represents a significant minority stake in Newsmax, a privately held media company estimated to be worth between $100 million and $200 million, according to S&P Global Market Intelligence. 1 Quote Link to comment Share on other sites More sharing options...
Jax Posted March 27 Report Share Posted March 27 Oh so now we care about where money comes from and who backers are. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted March 27 Author Report Share Posted March 27 Like I said, you guys don't care where you get your propaganda, just that it tells you what you want to hear. 👍 1 Quote Link to comment Share on other sites More sharing options...
Ibleedbrown Posted March 28 Report Share Posted March 28 The whole world is getting Blackrocked where everything is owned by LLCs that are owned by Corporations that are partners in other LLCs owned by trusts and fiduciaries funded by hedge funds and pension plans. If you’re one of the lucky stupid rich people, that’s the stuff you’re participating in these days. I’m sure the Quatari royal family owns stock in a lotta shit. Quote Link to comment Share on other sites More sharing options...
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