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Trump Allies Explore Buyout of Conservative Channel Seeking to Compete With Fox News
Wsj.com ^

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 channel’s 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 critical—despite its opinion-show hosts’ general support of his administration—and has praised One America News Network. The channel’s 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 ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: 2020election; dnctalkingpoint; dnctalkingpoints; election2020; foxnews; mediawingofthednc; oann; oneamerica; partisanmediashills; presstitutes; search; smearmachine; thomashicks; trump; trumpjr; wallstreetjournal
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Owner says no interest at this time.
1 posted on 01/12/2020 5:51:11 PM PST by ameribbean expat
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To: ameribbean expat

Now i’ll have to contemplate if I make my monthly payment soon.


2 posted on 01/12/2020 6:03:38 PM PST by heshtesh
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To: ameribbean expat
Bankrupt CNN with the current law suites and purchase stocks with $5.00 per share offer.

ie hostile take over.

3 posted on 01/12/2020 6:04:49 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's fore sure)
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To: ameribbean expat

I wish they’d buy CNN and give us a third conservative channel.


4 posted on 01/12/2020 6:04:52 PM PST by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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To: ameribbean expat

http://hickspartners.com/meet-the-team/


5 posted on 01/12/2020 6:05:25 PM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: nutmeg

.


6 posted on 01/12/2020 6:06:27 PM PST by nutmeg
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To: Deaf Smith

LOL! CNN OWNED BY ATT


7 posted on 01/12/2020 6:07:20 PM PST by TexasGator (Z1z)
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To: ameribbean expat
OANN more conservative by far. On FoxNews you would never see in-depth reports on the Deep State's crimes in the Ukraine of the kind reported by Chanel Rion with Rudy Giuliani on OANN.

And I believe OANN has said the two most 'no-no' words in news these days.. "ERIC CIARAMELLA"!!!

8 posted on 01/12/2020 6:11:22 PM PST by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: ameribbean expat

“Owner says no interest at this time.”

Probably suspicious about motive...maybe to make them more ‘mainstream’, like Fox is moving?


9 posted on 01/12/2020 6:12:21 PM PST by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: CivilWarBrewing

Leave them alone there doing fine...they are like CNN when they first started....A news channel...


10 posted on 01/12/2020 6:14:15 PM PST by Hojczyk
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To: ameribbean expat

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!! :)


11 posted on 01/12/2020 6:14:29 PM PST by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin' to make ends meet)
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To: BobL

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.


12 posted on 01/12/2020 6:16:31 PM PST by Grimmy (equivocation is but the first step along the road to capitulation)
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To: TexasGator

:^|


13 posted on 01/12/2020 6:16:47 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's fore sure)
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To: BobL

“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.


14 posted on 01/12/2020 6:24:14 PM PST by be-baw
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To: aimhigh

CNN could be:

Conservative News Network


15 posted on 01/12/2020 6:25:00 PM PST by jcon40 (The other post before yours really nails it for me. IOr keep people from / PC ing in ver and alway)
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To: CivilWarBrewing; a little elbow grease

Heads up


16 posted on 01/12/2020 6:28:12 PM PST by thinden
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To: ameribbean expat

LOL. Fine. He has virtually no brand. Good luck finding another buyer or growing it.


17 posted on 01/12/2020 6:28:24 PM PST by lodi90
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To: ameribbean expat

LOL. Fine. He has virtually no brand. Good luck finding another buyer or growing it.


18 posted on 01/12/2020 6:28:24 PM PST by lodi90
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To: Hojczyk

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.


19 posted on 01/12/2020 6:29:44 PM PST by lodi90
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To: TexasGator
Question:

Why is Nick Sandmann suing the kid (CNN) instead of the parents (AT&T)?

20 posted on 01/12/2020 6:30:48 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's fore sure)
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