AT&T poured millions into OANN, effectively funding the organizations’ growth. Cenk Uygur and Michael Shure discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET.
Read more HERE:
“As the Trumpian One America News network churned out conspiracy theory after conspiracy theory, the far-right TV channel reportedly had massive funding to rely on from a secret source: the world’s biggest communications company. According to a special report from Reuters published Wednesday, AT&T has poured tens of millions of dollars into the fringe channel, with an OAN accountant testifying in 2020 that 90 percent of the network’s revenue came from a contract with AT&T-owned affiliates.
“They told us they wanted a conservative network.… When they said that, I jumped to it and built one,” OAN founder and Chief Executive Robert Herring Sr. said of AT&T executives during a 2019 deposition, according to Reuters. Court filings cited in the report are said to show that one five-year deal with AT&T alone brought One America News about $57 million, thanks to monthly fees included in the agreement. AT&T spokesman Jim Greer disputed that figure in comments to Reuters and declined to specify how much the company has given to OAN.”*
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