Pro-Trump News Outlet One America News Mostly Funded By AT&T

Pro-Trump News Outlet One America News Mostly Funded By AT&T – Report
90 percent of OAN revenue in 2020 came from AT&T contract: report
AT&T Is Funding Right-Wing Conspiracy Network OAN, Reuters Reports
The world’s largest communications company has been bankrolling a right-wing conspiracy network, an investigation by Reuters revealed.

The damning Reuters report, published Wednesday, shows that AT&T helped fund and create One America News ― a right-wing network famous for its fawning coverage of former President Donald Trump, and for spreading lies about the 2020 presidential election that Trump lost.
Without AT&T’s $250 million offering, OAN’s value “would be zero,” according to an accountant’s court testimony obtained by Reuters. More from the publication:

OAN founder and chief executive Robert Herring Sr has testified that the inspiration to launch OAN in 2013 came from AT&T executives.

“They told us they wanted a conservative network,” Herring said during a 2019 deposition seen by Reuters. “They only had one, which was Fox News, and they had seven others on the other [leftwing] side. When they said that, I jumped to it and built one.”

Since then, AT&T has been a crucial source of funds flowing into OAN, providing tens of millions of dollars in revenue, court records show. Ninety percent of OAN’s revenue came from a contract with AT&T-owned television platforms, including satellite broadcaster DirecTV, according to 2020 sworn testimony by an OAN accountant.

Herring has testified he was offered $250 million for OAN in 2019. Without the DirecTV deal, the accountant said under oath, the network’s value “would be zero.”
Dallas-based AT&T, a mobile-phone and Internet provider, also owns entertainment giant Warner Media, which includes CNN and HBO. AT&T acquired DirecTV in 2015 and in August spun off the satellite service, retaining a 70% share in the new, independently managed company. AT&T’s total U.S. television subscriber base, including satellite and streaming services, fell from 26 million in 2015 to 15.4 million as of August.

NEWS MONITOR

Or check our Popular Categories...

Or check our Popular Categories...

Pro-Trump News Outlet One America News Mostly Funded By AT&T – Report

Michael Smoot

Related Posts

Афғонистон: Ўзбекча ном бўлмасин – BBC News O'zbek

Trump urges Israel's president to pardon Benjamin Netanyahu | BBC News

You Missed

Афғонистон: Ўзбекча ном бўлмасин – BBC News O'zbek

Trump urges Israel's president to pardon Benjamin Netanyahu | BBC News

BBC News is Fake News #fypシ #trump #republican #democrat #congress #president

Challenge to Americans#foxnews#cnn#msnbc#trump#america#americanmedia #nbcnews #congress#cbsnews

JFK's grandson running for New York congressional seat

Former CNN and NBC News Anchor on How to Survive a Career Disaster