Tuesday , January 28 2020
Home / Mish's Global Economic / Trump Allies Propose New Network to Compete With Fox

Trump Allies Propose New Network to Compete With Fox

Summary:
Fox News is not pro-Trump enough for Trump allies. Their solution is something that amounts to a Trump News Network. Hicks Equity Partners, a firm tied to Republican National Committee co-chair Thomas Hicks Jr., is pitching GOP donors on buyout of One America News Network. Please consider Trump Allies Explore Buyout of Conservative Channel Seeking to Compete With Fox News 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 0 million for the channel’s

Topics:
Mike Shedlock considers the following as important:

This could be interesting, too:

Mike Shedlock writes Chris Martenson Video: “WHO is Derelict” on Coronavirus

Mike Shedlock writes US Futures Poised to Gap Down on Coronavirus Scare: What Then?

Mike Shedlock writes Global Coronavirus Cases Jump 50% Overnight, 5 Now in US

Mike Shedlock writes Kobe Bryant, the #4 NBA Scorer Dies in Helicopter Crash

Fox News is not pro-Trump enough for Trump allies. Their solution is something that amounts to a Trump News Network.

Hicks Equity Partners, a firm tied to Republican National Committee co-chair Thomas Hicks Jr., is pitching GOP donors on buyout of One America News Network.

Please consider Trump Allies Explore Buyout of Conservative Channel Seeking to Compete With Fox News

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.

Some Republican donors say privately that Fox News isn’t doing enough to toe the party line, according to people familiar with the matter. They have noted, for instance, that the network doesn’t always carry the president’s full campaign rallies live on air, the people added.

Trump Blasts Fake News on Fox

Fox News Like CNN

Trump News Network

Trump News Network - TNN - Yeah, that's the ticket.

It will surely fix everything.

Mike "Mish" Shedlock

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Leave a Reply

Your email address will not be published. Required fields are marked *