Corporate Media & Its Institutional Owners
Usual Suspects, but recently activity on "right" side of politics.
With the recent abrupt firing of the most highly rated opinion & interviewing anchor at night, Tucker Carlson, one decided to look at the ownership stakes of a myriad of outlets. Currently Blackrock has a 15% piece of the FOX action. Overall, the big three of AUM on Wall Street have a commanding minority interest in FOX of 31%. Others, on the so-labeled, right: Newsmax at 9% and Rumble at just 2%. But its early for Rumble - and they should be leery of any ownership stakes amassed by Larry Fink’s BlackRock. (It has to be disclosed, obviously.)
Revised 4/26 at 5:00A
One contends FOX, along with a host of other media shake ups (Buzzfeed) in the past couple of months, further a much broader and deeper agenda. The Murdoch family’s control is being tested, and the recent settlement was so abrupt and somewhat unusual. There were events (with Tucker’s broadcasts on vaccines on 4/19) that certainly had an impact. The spin regarding a staffer - suing is just like in 2020 regarding Cathy, the Liberal Sherpa. Interesting too, AOC is getting scuttlebutt/intel (since 2019) regarding all these moves. Remember: Green New Deal…to Tucker’s axing, celebrating like a gleeful child.
But one thinks this is much, much more about what is needed for the 2024 election and harder narrative control. Lawsuit settlements give the elite & media class, and the normie alike, bulletproof evidence that, “There is nothing to see here. You’re just crazy!”
Dominion influx of capital from the FOX settlement can be of interest as well. Yesterday, two election companies, ES&S and Smartmatic, continued their court battle:
Voting technology company Smartmatic USA Corp on Tuesday fended off a patent infringement lawsuit brought by competitor Election Systems & Software LLC (ES&S), persuading a federal judge that the last patent remaining in the case is invalid. [My Emphasis.]
Patents. That was and is key to understanding Dominion Voting Systems as well. I will take a flyer here:
Yet another Dominion Patent movement might happen around the late summer of 2023. Patents were moved for cash through various banking interests in 2015, 2016, 2018, and 2019. And below gives some history regarding Dominion, Barr, and interesting financial deals regarding North Haven Credit (a Morgan Stanley fund) and Carlyle connections.