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.

It looks as if the Republican Establishment is making a run at OANN Because that's just what we need, one more outlet repeating the mainstream narrative. The RNC group - who almost certainly are not genuine "allies of President Trump" - say they want to buy OANN to "compete" with Fox News. Which is precisely the opposite of their intentions. The next step would be a merger with Fox, or a sale to Warner or the Devil Mouse.This is all about control, not competition.

Labels: corpocracy, news, Unauthorized