>>12389928
>>12389928
https://thefederalist.com/2020/05/04/has-china-compromised-every-major-mainstream-media-entity/
A Rundown Of Major U.S. Corporate Media’s Business Ties To China
Turner Sports works directly with the NBA to broadcast games in China, meaning Zucker has ample business in the Middle Kingdom, where American businessmen seek to keep the CCP happy so the money keeps rolling.
Last week, CNN published a story praising China’s “model of control.” The Federalist’s Kylee Zempel writes that CNN is “parroting Chinese media’s duplicitous claims that the country sufficiently control of the virus, while downplaying the CCP’s role in spreading COVID-19 to the rest of the world.”
MSNBC & NBC
Both MSNBC and NBC News are operated by NBC Universal, a company with extensive financial ties to the CCP. In November 2010, NBC signed an agreement with China’s state-run media organization, Xinhua, to establish a business cooperation in international broadcast news. This was the latest market expansion by the CCP into American media.
Since the signing of the business deal, the U.S. State Department identified Xinhua and five other Chinese state-run media organizations as “foreign missions.” They have been identified as direct CCP operations and do not function as independent news outlets.
In 2015, NBC Universal agreed to license the Chinese tech company Baidu’s new video network platform iQIYI, which is listed on the NASDAQ and, thanks to NBC, advertises in Times Square in New York City.
Finally, CMC Capital Partners—a Beijing investment group with financial and technological oversight from the CCP—acquired full ownership of NBC Universal’s Oriental DreamWorks, according to the Hollywood Reporter. NBC Universal gained a 45 percent stake for a steep $3.8 billion.
ABC
The most obvious business ties between the American Broadcast Company (ABC) and China are through their ventures with Walt Disney and ESPN. Both companies have deep-rooted financial stakes in the Chinese economy controlled by the CCP.
In November 2009, the Chinese government approved plans to create a Disney World theme park in Shanghai. The project cost approximately $3.6 trillion, with financial help from several large Chinese state-owned enterprises. After construction was completed, Disney only retained 43 percent of the property, while the Communist Party-controlled Shanghai Shendi Group took the remaining 57 percent.
ESPN, another entity of ABC, was caught doing the bidding of the Chinese government in October 2019. When the NBA controversially refused to denounce the CCP for financial benefit, ESPN stood with the NBA to keep financial revenue on track for the 2019 fiscal year. ESPN bowed to the Chinese government for profit motives when the network’s senior news director reportedly instructed staff to avoid discussing Chinese politics if they were asked about Chinese politics or Daryl Morey’s pro-Hong Kong tweet.
According to Raleigh, American companies establish these financial ties with Chinese companies to gain access to China’s massive consumer market of 1.4 billion people. ABC subsidiaries such as ESPN and ABC News need to appease the CCP, whether it be via positive news coverage or complying with cyber security laws, to keep their programs on Chinese screens and thus make money in the Chinese market.
Sen. Ted Cruz, R-Texas, introduced legislation which cuts off Department of Defense assistance to any U.S. movie studio that allows China to censor their content. The bill is called the “Stopping Censorship, Restoring Integrity, Protecting Talkies,” Act.
Hollywood films commonly work with the Pentagon and Defense Department to use American assets for props such as jets, tanks, and naval bases. Cruz’s SCRIPT legislation would only allow the Defense Department to contract with companies that do not allow China to censor their content.
These same organizations work directly with ABC News abroad. According to veteran ABC correspondent David Wright, ABC and its affiliates are inextricably linked. In an investigative report by Project Veritas, Wright admitted ABC was a profit center, not a beacon of truthful journalism.
“[ABC] became a profit center, a promotion center. Like now, you can’t watch ‘Good Morning America’ without there being a Disney princess or a Marvel Avenger appearing. It’s all self-promotional and promotion of the company,” Wright said.
What benefits ABC’s company is bending a knee to the CCP in exchange for more money, despite the price it puts on journalist’s ability to report truth and hold those in power to account.
Bloomberg