#THREAD
GB "News" is jointly owned by Paul Marshall & Legatum, under the umbrella of holding company All Perspectives: three of its significant shareholders work for Christopher Chandler's Dubai-based investment firm Legatum & three Tory life peers are shareholders or Directors.
The five people listed as having 'significant control' over GB "News" umbrella holding company All Perspectives Ltd are: Philip Vassiliou; Paul Marshall; Richard Douglas; Alan McCormick; & Christopher Chandler.
The House of Lords Register of Interests reveals three Tory life peers are Directors or shareholders of All Perspectives: Lord Agnew of Oulton & Baroness Morrissey are Directors; Lord Farmer is a Shareholder.
Whose interests does free-market propaganda channel GB "News" serve?
Four of the five people with significant control of the parent company of 'patriotic defender of free speech' GB "News", All Perspectives, aren't even based in the UK. Philip Vassiliou, Alan McCormick & New Zealand billionaire Chandler list their country of residence as the UAE.
I've posted numerous times about GB "News" co-owner hedge-funder Christian Paul Marshall, whose hedge fund has $2.2 BILLION invested in fossil fuels, whose 'ARC' initiative is fronted by Jordan Peterson, & whose media empire now includes The Spectator.
Philip Vassiliou resides in the UAE & is Chief Investment Officer & a Partner of Dubai-based Legatum, the other co-owner of GB "News", founded by billionaire Christopher Chandler, who made a fortune in Russian gas, & which uses Matt Goodwin as an Advisor.
Vassiliouhas has been with Legatum since its inception in 2006 & is responsible for the oversight of Legatum’s capital markets activities. Prior to Legatum, he worked for the Dubai Development Investment Authority, and in the Equities & Private Wealth divisions of Goldman Sachs.
Dubai-based Alan McCormick, co-founder of the Legatum Group which owns the Legatum Institute, an influential pro-Brexit think-tank that has taken donations from the American Koch oil dynasty also based in the UAE, is the chairman of GB "News".
Between 2013 and 2017, McCormick tweeted numerous articles by climate science deniers, including one calling on readers to “celebrate carbon dioxide”, sharpening concerns about GB News’s role as a platform for opponents of climate action.
Little-known Canadian, Richard Douglas, is a data security & privacy protection expert & co-founder of Island Pay, a digital payment platform facilitating cashless payments. His country of residence is the Cayman Islands - a tax haven & money-laundering centre for the ultrarich.
Since 2021, Douglas, who left Island Pay in 2024, has been CEO of Costa Rica-based CiNKO, 'a stablecoin payment platform for conducting financial transactions' & part of a crypto movement introducing decentralized finance protocols in Latin America. Its @X account follows SpaceX.
GB "News" was co-founded by All Perspectives, that was owned by two British-American businessmen, Andrew Cole & Mark Schneider, who resigned as Directors from, & sold their shares in, GB News in 2022, after Marshall & Legatum purchased their holdings.
.theguardian.com/media/2022/aug…
Cole founded FinTech company Glow. Schneider co-founded UPC. They associate with Trump-supporting billionaire media baron John Malone, the second-largest private landowner in the US, & chair of Liberty Global which owns Virgin Media & has a stake in ITV.
What about the three Tory life peers who are Directors or shareholders of holding company All Perspectives (Lord Agnew of Oulton & Baroness Morrissey are Directors, & Lord Farmer is a Shareholder)?
I'll start with Theodore Thomas More Agnew, Baron Agnew of Oulton.
In April last year, Paul Marshall announced he was stepping down from the GB "News" Board. He was replaced on the board of the broadcaster’s owner by Theodore Agnew, a former Treasury and Cabinet Office minister.
archive.ph/eyjMN
Lord Agnew was also appointed as chair of Unherd Ventures, which owns Unherd, another media outlet with Marshall as a major investor, which was subject to an advertiser boycott after being put on a blacklist by the Global Disinformation Index.
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