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Title: Trump Donor John Malone Could Soon Be Calling Shots at CNN
Source: [None]
URL Source: https://fair.org/home/trump-donor-j ... -soon-be-calling-shots-at-cnn/
Published: Feb 17, 2022
Author: KARL GROSSMAN
Post Date: 2022-02-18 08:34:28 by A K A Stone
Keywords: None
Views: 252

What will CNN become under John Malone?

“I would like to see CNN evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing,” the media billionaire Malone told CNBC (11/18/21) in November.

“I do believe good journalism could have a role in the future portfolio that Discovery/TimeWarner’s going to represent,” he went on.

In the interview with CNBC‘s David Faber, Malone also said:

Fox News, in my opinion, has followed an interesting trajectory of trying to have news news, I mean some actual journalism, embedded in a program schedule of all opinions.

Brian Flood of right-wing Fox News (11/19/21) said of Malone’s CNBC declaration:

Liberty Media chairman John Malone, who sits on the Discovery, Inc. board of directors, wants to see left-wing CNN revert back to nonpartisan journalism following the completion of a merger that would put the liberal network under the Discovery channel.

More than a board member Malone, in fact, is more than a Discovery board member; he’s its chair and largest shareholder. CNN, started by Ted Turner and now owned by AT&T, is part of an $85 billion acquisition by Discovery, expected to be finalized this year.

Malone’s links to politics include being an active supporter—he’s currently a board member—of the Cato Institute, the Washington-based libertarian think tank that espouses the privatization of numerous US government agencies and programs, including Social Security and the Postal Service.

His Liberty Media empire was among the big contributors to Donald Trump’s 2017 inauguration festivities in Washington, DC, with personal and corporate contributions adding up to $1 million.

However, in 2019, in another interview with Faber on CNBC (11/21/19), Malone said:

Look, I think a lot of things Trump has tried to do—identifying problems and trying to solve them—has been great…. I just don’t think he’s the right guy to do it. Half the people that he’s hired and thrown under the bus are now trying to kill him. I mean, what kind of thing is that?

Malone then said he would vote for former New York Mayor Michael Bloomberg for president in 2020.

No ‘coward’s way out’ Newsmax: Billionaire John Malone: CNN Needs 'Actual Journalists' Newsmax

Brian Freeman of right-wing Newsmax (11/21/21) said:

CNN will be the key news property in the merged company, one that will be dominated by entertainment programming. There had been rumors that CNN might be spun off or sold, but Malone indicated [in the CNBC interview] that’s not likely.

Malone, Freeman said, described such a move as a “coward’s way out.”

Freeman asserted that “Malone has cause to worry about the left-wing network,” because

CNN’s ratings have collapsed over 50% in the past year and may be suffering from a credibility gap with viewers…. Last March, a Hill/HarrisX poll found that 47% of registered voters believe CNN holds a liberal bias in reporting.

(In the same poll, 48% of respondents said they believed Fox had a conservative bias—but who’s counting?)

Steve Straub of the right-wing website the Federalist Papers (11/22/21) said of Malone’s CNBC comments:

CNN’s soon-to-be new owner just made a startling admission, one that has been obviously apparent to us and many others for some time, that the so-called news network has no actual journalists.

‘The most powerful man you’ve never heard of’

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