Republican Billionaires Supporting Trump after January 6
Republican Billionaires are helping to destroy Democracy and condone lawlessness by supporting Trump after saying they would not support him after January 6
Larry Ellison Just Quietly Became the Most Powerful Man in America
With the Paramount-Skydance merger approved by the FCC, Larry Ellison just showed the world who is the real shot caller in the White House.
Oracle co-founder Larry Ellison, the 80-year-old software tycoon and second-richest man in the world, became the Most Powerful Man in the World
On Thursday evening, the Federal Communications Commission voted to approve Paramount’s $8.4 billion merger with fellow entertainment firm Skydance Media. The controversial, long-awaited deal only came about thanks to Paramount’s appeals to this administration: settling a baseless lawsuit that Trump brought against 60 Minutes for “deceptively” editing its Kamala Harris interview, pressuring subsidiary CBS News to shift its “balance” in a right-wing direction, and canceling presidential foe and beloved comedian Stephen Colbert’s highly rated late-night talk show.
Of note: Skydance is owned by Ellison’s son, David, who personally met with both Trump and FCC Chair Brendan Carr to get the deal done. The elder Ellison is covering most of the cash to close the Skydance-Paramount merger, which will give him significant control over the new company and a chance to carry out, as he detailed in federal filings, a wholesale transformation of CBS in his vision—including broadcasts of complimentary PSAs for Trump administration initiatives.
When Carr announced the merger approval, he positively affirmed “Skydance’s commitment to make significant changes at the once storied CBS broadcast network,” including the impending hire of an “ombudsman” who’ll monitor CBS News broadcasts for “bias” as the overall company slashes its diversity, equity, and inclusion guidelines. Said Trump himself of his “friend” Larry Ellison: “I think he’s going to run CBS really well, and I think he’s making a good deal to buy it.”
Through this brazenly corrupt arrangement, the U.S. president has granted one of his pals uninhibited control over a longtime bastion of mainstream, fact-based news, which he openly intends to bend toward his conservative vision. And that’s just one of the ways Trump is helping Larry Ellison become the most powerful and not-so-secretly influential tech mogul in the country.
Oracle, which Larry still runs as chief technology officer and board chairman, is also in talks with David Ellison’s Skydance for a major deal that would see the latter pay the former $100 million a year to run all of Paramount’s tech through Oracle’s valuable cloud-computing software. Skydance already pays Oracle $2.2 million a year for its cloud and platform products, and the FCC explicitly signed off on David Ellison’s plan to run all of Paramount’s and Skydance’s software on the same cloud tech, which will be provided by Oracle.
(the above text is from facebook.com/TheAttitudeWithArnieArnesen/posts/what-does-larry-ellison-the-second-richest-man-in-the-world-the-totally-corrupt-/1461463645410540)
Radical Right Wing Trump Supporting Billionaire Larry Ellison, who believed the 2020 election was stolen used his own money to buy CBS and install his son as the boss
CBS / Paramount Caved to Trump’s extortion by paying a multi-million dollar ‘bribe” to settle Trump’s baseless law suit so his corrupt FCC Chief will approve the Paramount-Skydance merger, plus agree to cancel Stephen Colbert, turn CBS into the new FOX NEWS PRO-TRUMP PROPAGANDA outlet and end DEI. As stated in an article below; “Trump’s FCC Chief Brendan Carr Is Acting More Like a Mob Enforcer Than a Federal Regulator”.
While the ultimate decision to settle involved multiple actors within Paramount, including the board of directors, reports indicate that Shari Redstone, the chair and controlling shareholder of Paramount, was a key proponent of exploring a settlement with Trump. Some executives viewed Trump’s lawsuit as a potential hurdle to completing a proposed sale of the company to Skydance Media, which required the Trump administration’s approval.
Other individuals involved in the settlement process included CBS News executives and legal teams who initially opposed a settlement, citing the First Amendment and the perceived lack of merit in the lawsuit. However, the settlement was ultimately reached through mediation efforts
In a secret meeting between CBS and CBS News’ new owner (Skydance) and the Trump Administration, promised Trump that they would effectively be the new Fox News Propaganda outlet, running Trump approved ads, and putting Trump friendly news and programming on the air. Trump’s FCC crony just approved the sale of CBS’ parent to a big Trump supporter’s son. Michael Popok takes a look at a new letter that reveals it all, and what it means for CBS and its viewership.
CEO of Blackstone, Stephen Schwarzman, requires excellence, integrity, and ethics for any position in his company. He would never let his team hire a felon – why is he tarnishing his legacy by helping one get elected?
Why some billionaires are running back to Trump after being ‘embarrassed’ by Jan. 6
Kim Scheppele, Princeton University Professor, Jason Stanley, Yale University Professor and Daniella Ballou-Aares, Founder and CEO of the Leadership Now Project joins Nicolle Wallace on Deadline White House to dissect why some business leaders and billionaires are suddenly flocking back to the ex-president.
‘Troublesome development’: Van Jones on Trump’s breakfast with billionaires
GOP billionaires vs. democracy: they know what they’re getting into this time
GOP billionaires who sought alternatives to Trump are coming back into the fold, and the Trump campaign is hoping to receive some big donations soon. This time around, the donor class ‘cannot make the argument that they don’t know what they’re getting into’, says Sheelah Kolhatkar, staff writer at The New Yorker. Faced with the choice of losing some wealth to preserve democracy, many of the ultra-wealthy seem to be leaning towards their personal short-term financial interests. ‘They put up the walls and protect what they’ve hoarded for themselves.’
Republican billionaires rally around Trump for April fundraiser as election – and scramble for cash – heats up | CNN Politics
Hedge fund founder John Paulson is hosting a high-dollar fundraiser next month to benefit Donald Trump’s presidential campaign that is drawing some of the Republican Party’s wealthiest donors, according to an invitation obtained by CNN.
