A member of the Qatari royal family invested roughly $50 million in Newsmax, according to documents and representatives for the media company and the royal, in a moment of acute Middle East tensions during the Trump administration. The investment bolstered a key conservative media outlet at a time when Qatar was facing intense diplomatic pressure from its neighbors and seeking allies in the United States.
At the time the investment was made, a coalition of countries led by Saudi Arabia and the United Arab Emirates had established a diplomatic and economic blockade against Qatar, accusing it of supporting terrorist groups across the Middle East. Qatar had counted on its relationship with the United States for protection, but President Donald Trump initially sided with its regional rivals, praising their move in 2017 and criticizing Qatar for funding terrorism.
In 2019 and 2020, Sheikh Sultan bin Jassim Al Thani, a former Qatari government official and the owner of a London-based investment fund, Heritage Advisors, invested in Newsmax. The investment has not been previously reported.
Newsmax had been looking for outside investors to better compete with its much larger rival, Fox News, according to people who spoke at the time with its founder and CEO, Christopher Ruddy. Before and after the investment, senior newsroom leaders urged Newsmax staff to soften coverage of Qatar, current and former employees said. A representative for Newsmax strongly disputed that the network “slanted coverage to be favorable to Qatar,” and that Ruddy had told staf…
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How can we allow foreign countries to control our media?
@MandateRickDemocrat1mo1MO
"Newsmax reporters were ordered not to criticize Qatar after a member of its royal family invested roughly $50 million in the network during Donald Trump’s presidency."
Are you all able to see all the corruption?
@MajesticVoterIDDemocrat1mo1MO
Tip: There are no reporters at Newsmax. Just paid actors like at FOX News. They do not report news and cannot be held accountable for the truth or validity of the entertainment content they create. This will be put into evidence at the upcoming Smartmatic/Dominion trials.
@ContentBurritosGreen1mo1MO
Coming up next on Newsmax: How much money is Biden and the Democrats getting from China? China bad. Qatar good.
Is this kind of like the journalism credits in 2021's build back better budget that went to news outlets so they could hire more journalists. Then give the Biden administration a pass for 4 years while simultaneously attacking his probable opponent
@DeficitSadieLibertarian1mo1MO
Qatar is a funny issue because neither people concerned about Russia or Israel exerting foreign influence seem to mind this. Revealing!
@ISIDEWITH1mo1MO
@ISIDEWITH1mo1MO
@ISIDEWITH1mo1MO
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