The MSM knows that Trump is too big and media savvy to take on. He even has controlling interests in many MSM outlets from what Some claim, he owned 56% of the media at one time but has since dropped his interest to around 27%.
Even at that, many of the nasty little MSM peons do not dare to tick him off. Or else they will hear that dreaded and infamous; “YOU’RE FIRED”!
It’s GOOD to have him on our side!
Sorry, but that's ridiculous. Who ever said that doesn't know what they are talking about.
Let's review, shall we.
There are the so called "Big Six" media conglomerates. They are: GE, Disney, News Corp, Time Warner, Viacom, and CBS. Here is a handy link where you can review what these corporations own: The Big Six.
Now lest look at what it would mean to own 25% of these, based on their current market cap.
GE's market cap is $209B. So call that $50B.
Disney's MC is $80B, Trumps share $20B.
News Corp. $40B, Trump's share $10B,
Time Warner MC $38B, Trump's share $9B,
Viacom MC $27B, Trump's share $7B
and finally CBS $16B, Trump's share $4B.
50+20+10+9+7+4 = $90 Billion.
Forbes most recent ranking of Trump's net worth was $2 billion. So, there is no way he owns "27% of the MSM" or anything close to it. Also, most of his net worth is tied up in property, the source of his wealth.
I seriously doubt he has a significant position in ANY media company.
Cheers!
Sorry, but that's ridiculous. Who ever said that doesn't know what they are talking about.
Let's review, shall we.
There are the so called "Big Six" media conglomerates. They are: GE, Disney, News Corp, Time Warner, Viacom, and CBS. Here is a handy link where you can review what these corporations own: The Big Six.
Now lest look at what it would mean to own 25% of these, based on their current market cap.
GE's market cap is $209B. So call that $50B.
Disney's MC is $80B, Trumps share $20B.
News Corp. $40B, Trump's share $10B,
Time Warner MC $38B, Trump's share $9B,
Viacom MC $27B, Trump's share $7B
and finally CBS $16B, Trump's share $4B.
50+20+10+9+7+4 = $90 Billion.
Forbes most recent ranking of Trump's net worth was $2 billion. So, there is no way he owns "27% of the MSM" or anything close to it. Also, most of his net worth is tied up in property, the source of his wealth.
I seriously doubt he has a significant position in ANY media company.
Cheers!