Read time: 1 minute

About That liberal Media

Greatscat!: From Reuters yesterday afternoon: Rupert Murdoch's News Corp [..] will sell eight U.S. television stations to private equity firm Oak Hil

Greatscat!:

From Reuters yesterday afternoon:

Rupert Murdoch's News Corp [..] will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion.

I couldn't help but wonder who was buying up tv stations in an election year, so a quick check of Oak Hill Partners :

Oak Hill Capital Partners traces its roots to Robert M. Bass, one of the four brothers who founded Bass Brothers Enterprises in Fort Worth, Texas.

From Texas, eh? A little more checking as a Texas based company raised my eyebrows right away:

Robert Muse Bass is a Texas billionaire worth approximately $5.46 billion as of 2006.

Bass was born into an extremely wealthy family with an uncle, Sid Richardson, worth $810 million. He and his three brothers Lee, Ed, and Sid Bass all attended Yale University, where they solidified their moneyed and political connections. Ed Bass was a classmate and personal friend of George W. Bush, and the brothers, especially Lee Bass, helped Bush financially both before and throughout his political career.

As Diane points out on her blog, it would be interesting to monitor these stations to see what kind of coverage they offer during the election and what impact, if any, it might have.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team