In today’s issue of #whoOwnsWhat … the role of @ATT and its TV services (DirecTV) in formation and financing of One America Network @OANN
Special @Reuters report
reuters.com/investigates/s…
“They told us they wanted a conservative network,” @OANN founder and chief executive Robert Herring Sr said during a 2019 deposition seen by Reuters.
OAN revenue: 90% is from AT&T TV platforms like @DIRECTV
Business writers!
Stop spewing 💩 like this:
@ATT “spun off [@DIRECTV], retaining a 70% share in the new, independently managed company.”
When you control 70%, any “spin off” is NOT Independent.
“As president, Trump frequently urged supporters to watch OAN. In his final two years in office, Trump touted the network, known as @OANN online, to his 88 million Twitter followers at least 120 times.”
OAN touts @ATT propaganda: “court filings also cite a promise by @OANN to ‘cast a positive light’ on AT&T during newscasts.”
Even more so than FOX News, @OANN is a mouthpiece for Trump propaganda and #TheBigLie
“If you have 12 Americans being fed a diet of untruth, that’s 12 too many – and here, it’s literally millions,” John Watson, @Americanunivers journalism professor in ethics and media law.
Herring and @OANN manage to make yellow journalism shine a little.
The worst reason in the book for starting a business: I wanna make money.*
Nothing creative or problem-and-solution-based.
Just greed and the kind of ethics that implies.
*shoulda just invested that $174M from 1998 and 2000. @OANN net value: $16.6M (02/2020)
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