Posted on 01/12/2020 5:51:11 PM PST by ameribbean expat
Allies of President Trump are pursuing an effort to acquire right-leaning news channel One America News Network, according to people familiar with the matter, in a bid to shake up a conservative media market that has been dominated by Fox News. The investment firm Hicks Equity Partners is looking to acquire the channel and is pitching other wealthy GOP donors to arrange a bid of roughly $250 million for the channels parent company, the people said. The firm is owned by the family of Thomas Hicks Jr., co-chairman of the Republican National Committee and a close friend of Donald Trump Jr. The efforts come as Mr. Trump has periodically rebuked Fox News for being too criticaldespite its opinion-show hosts general support of his administrationand has praised One America News Network. The channels opinion programming is known among its cable-news peers for its praise of Donald Trump and its advocacy for conservative causes.
(Excerpt) Read more at wsj.com ...
Now i’ll have to contemplate if I make my monthly payment soon.
ie hostile take over.
I wish they’d buy CNN and give us a third conservative channel.
.
LOL! CNN OWNED BY ATT
And I believe OANN has said the two most 'no-no' words in news these days.. "ERIC CIARAMELLA"!!!
“Owner says no interest at this time.”
Probably suspicious about motive...maybe to make them more ‘mainstream’, like Fox is moving?
Leave them alone there doing fine...they are like CNN when they first started....A news channel...
Conservative media market dominated by Fox?
I’ve not watched Fox in a long time because there was too much yelling and arguing but I don’t recall them being conservative.
But if they’re being compared to CNN and MSNBC...they’re to the right of Rush!! :)
Fox is converged.
As soon as the leadership at Fox is able to do so without getting sued, they’ll push out any remaining conservative voices.
I fully expect to see harassment accusations (meaning both accusations of harassment and accusations for the sole purpose of harassing) against the conservative personnel still on Fox to start ramping up fairly soon.
:^|
“Probably suspicious about motive...maybe to make them more mainstream, like Fox is moving?”
Or, they may just be holding out for as much $ as they can get. Besides, until current management has been approached it’s just all talk right now.
CNN could be:
Conservative News Network
Heads up
LOL. Fine. He has virtually no brand. Good luck finding another buyer or growing it.
LOL. Fine. He has virtually no brand. Good luck finding another buyer or growing it.
Leave them alone there doing fine...they are like CNN when they first started....A news channel...
Yeah, no. They are a tiny subscription based service. Good growing that company with that model in the youtube age of free video.
Why is Nick Sandmann suing the kid (CNN) instead of the parents (AT&T)?
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