Unlike CBS and FOX News, behind whom we can place the very real and ugly neocon faces of Sumner Redstone and Rupert Murdoch, neocon ownership of ABC is not so straightforward. It’s not quite so simple to say that Disney Corporation owns ABC. It’s a bit more financially complicated than that. According to IRS records for ABC, it is actually a group called the “ABC partnership. It is the ABC partnership who own stock possessing 80 percent of the total combined voting power of all classes of stock entitled to voting of S corporation.
Here are my guesses to a few of the neocon faces behind ABC: Warren Buffet, Roy Disney, and Edward P. Bass.
A Little History of ABCCapital Cities Communications (sometimes referred to as "CapCities") was an American media company best known for its surprise purchase of the much larger American Broadcasting Company in 1985.Capital Cities' announced $3.5 billion purchase of ABC on March 18, 1985, stunned the media industry, as ABC was some four times bigger than Capital Cities was at the time. Berkshire Hathaway chairman Warren Buffet helped finance the deal in return for a 25 percent stake in the combined company
The Walt Disney Company bought Capital Cities/ABC in February 1996, and changed the corporate name back to ABC. I would imagine that Warren Buffet has some considerable stock in ABC as do the Bass family of Ft. Worth who hold 25% of the Disney stock.
–Now there’s a name that most people may not be familiar with—the Bass family of Ft. Worth.The core Bass holdings are most of downtown Fort Worth: 15 full blocks and parts of 8 more. They also hold 9.9% of Texaco, which acquired all the Getty holdings in California; and much more around the world [L.A. Times, 10/84].Father, Perry Bass (d. 2006), inherited family fortune created by oil baron uncle Sid Richardson 1959. Bass Enterprises Production Co. pumps estimated 8 million barrels of oil and gas a year.
SOURCE: Forbes and WIKI
So here are my somewhat educated guesses as to who are some of the neocons jerking the strings of ABC:
Edward P. Bass and his brothers, Warren Buffett and Roy Disney.
Read More »Lol I just saw a clip on CNN that showed another clip from a Fox news report (sometime this week) That showed McCain at some place with a bunch of people.
Unfortunately for Fox, LOL someone was waving a 2000 sign LOL.
Then upon closer inspection people realised that cheesy Fox News was trying to pass that 8 year old video off as news that happened this week.
CBS and now FOX. How pathetic and desperate are the Republicans?
MEET SUMNER, OWNER OF CONTROLLING INTERESTS IN CBS CORPORATION
He looks a little like Donald Trump, doesn't he?
The only thing that continues to surprise me is how surprised that Americans are every time that the mainstream media are caught with skid marks on their underwear. What do we expect? Our mainstream media is owned and dominated by right-wing conservative neocons—most of whose names we have never heard, names like Sumner Redstone, Rupert Murdoch and Frank Carlucci. But then I suppose the public is not to blame because for the past 20 years, corporations have morphed and changed their names faster than criminals change their alias's.
AS FOR CBS and its sketchy ties, try to follow this long and winding road:
WESTINGHOUSE / CBS INC. (Westinghouse purchased CBS in 1995 and the two were renamed CBS Corporation in 1997.) Then in 1999 Viacom purchased CBS Corporation. Today Westinghouse, CBS and Viacom are all under the same financial roof and are known as "CBS Corporation".
Sumner Redstone is the leading shareholder of CBS Corporation today since he was also the owner/founder of Viacom (Redstone owned 71% of Viacom stock when that company purchased the CBS Corporation in late 2005 or early 2006.) Viacom, oh lord don't get me started. . .they own MTV, Paramount Pictures, Dreamworks, Gulf+Western/Paramount Communications, etc. So in addition to those, following is a shortlist of more that are now under the same roof and under the control of Sumner Redstone:
Read More »No surprise if you will consider who owns CBS and what they own. I say it again and again:
REMEMBER WHO OWNS MAIN STREAM MEDIA.
AS FOR CBS:
WESTINGHOUSE / CBS INC.
Westinghouse Electric Company, part of the Nuclear Utilities Business Group of British Nuclear Fuels (BNFL)
whos #1 on the Board of Directors? None other than:
Frank Carlucci (of the Carlyle Group)
Television Holdings:
* CBS: includes 14 stations and over 200 affiliates in the US.
* CBS Network News: 60 minutes, 48 hours, CBS Evening News with Dan Rather, CBS Morning News, Up to the Minute.
* Country Music Television, The Nashville Network, 2 regional sports networks.
* Group W Satellite Communications.
Other Holdings:
* Westinghouse Electric Company: provides services to the nuclear power industry.
* Westinghouse Government Environmental Services Company: disposes of nuclear and hazardous wastes. Also operates 4 government-owned nuclear power plants in the US.
* Energy Systems: provides nuclear power plant design and maintenance.
CBS aired its long-awaited feature on the prosecution and imprisonment of former Alabama Governor Don E. Siegelman this evening at 7:00. In a stunning move of censorship, the transmission was blocked across the northern third of Alabama by CBS affiliate WHNT, which is owned by interests of the Bass Family.
--Scott Horton, "CBS: More Prosecutorial Misconduct in Siegelman Case" Harper's
What's next? A Gulag in Mobile Bay?
Scott Horton, a lawyer-journalist who blogs for Harper's, has been covering not only the Siegelman affair, but the complicit Alabama Media, who have received heavy fire for their aggressively partisan coverage of this and any other politically-oriented story. The same company owns almost every major daily in the state - Birmingham News, Mobile Press-Register, Huntsville Times, and Montgomery Journal.
The dailies, incensed at the national exposure, are firing back at Horton now, to the extent that one Dan Curry, a staffer for the Mobile paper, has been given a leave of absence to write a BOOK about how unfair it is to have anyone suggest that allowing a US Attorney to plant stories in their paper is in any way a partisan act. I'll wait for the miniseries, myself. ^o^
If there IS a miniseries, it will undoubtedly have more luck being broadcast than 60 Minutes did. It's Alabama, after all.
Would you like to deliver your opinion to WHNT? Call 256-533-1919
What do I mean? Back in the 50â��s and 60â��s as I was growing up, neighbors helped neighbors, families were close. I am talking of extended families. They held regular family dinners, some more than others, but they faced one another and talked, really talked about the issues of the day. Read More »
With Democratic efforts to pass a Senate resolution opposing President Bush's troop "surge" stalled, the Senate Foreign Relations Committee Chairman, Senator Joe Biden (D-DE) said he will try to rework the 2002 measure that authorized the use of force against Saddam Hussein. Read More »
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