According to recent filings to the US Securities and Exchange Commission (SEC), billionaire globalist George Soros, through his investment firm, Soros Fund Management LLC, has purchased over $3 million-worth of stock holdings in the New York Times.
This purchase is the first that the liberal financier has made since 2007, when Soros bought $470,000 worth of shares in the newspaper. This recent investment includes purchasing 126,400 shares valued at $3,046,000. Soros’s purchase was for Class A stock holdings which are publicly traded-as opposed to its Class B stock, which are privately held.
The May 15th filing can be viewed here: https://www.sec.gov/Archives/edgar/data/1029160/000114036118023894/xslForm13F_X01/form13fInfoTable.xml
Vice president of business and culture at the Media Research Center, Dan Gainor, found that in 2011, Soros pushed a minimum of $48 million into media ventures that included “journalism schools, investigative journalism and even industry organizations” over the course of just eight years. “Soros has long had influence or given direct funding to a wide range of journalism operations from NPR to ProPublica,” Gainor said. “This is still a big step to be buying a $3 million stake in the top liberal outlet in America.”
The controversial billionaire’s influence in mainstream media doesn’t stop there. The Hungarian-American self proclaimed “philanthropist” has ties to over 30 mainstream news outlets – including the Associated Press, Washington Post, NBC and ABC. Soros’s Open Society Institute is reported to have funded seven different investigative reporting projects including the Columbia University’s School of Journalism-receiving $600,000 from Soros, the Center for Investigative Reporting, the Center for Public Integrity and the New Orleans’ ‘The Lens’. Soros also funds the Committee to Protect Journalists, The National Federation of Community Broadcasters and the National Association of Hispanic Journalists.
His fascination with controlling the media is something that the billionaire has always shown interest in, but now as one of the world’s richest men, he’s able to fulfill his dreams all while using it to unapologetically, and openly attack the right.
In author and New York Times veteran, Michael T. Kaufman’s book entitled “Soros: The Life and Times of a Messianic Billionaire,” Soros has been intrigued by media since he was a young child with early interests into the field including “history or journalism or some form of writing.” He also had his own newspaper in his native Hungary, ‘The Lupa News’, which he served as “editor-in-chief and publisher”.
With all the billions of dollars that Soros has invested into trying to shape American politics and media, he is being forced to acknowledge his limits of influence.
Soros recently told The Washington Post that he was blindsided by President Donald Trump’s election. “Apparently, I was living in my own bubble.” He went on to explain why he thought Hillary Clinton lost the election, saying, “She was too much like a schoolmarm,” and that she was always “talking down to people…instead of listening to them.”
You can be sure of one thing, this is not the last we’ve heard from Soros who plans to reshape the public opinion through mainstream media publications and financially back a candidate in 2020 who shares his globalist agenda.
“The bigger the danger, the bigger the threat, the more I feel engaged to confront it,” added Soros. “So in that sense, yes, I redouble my efforts.”
Judicial Watch president, Tom Fitton said in a recent statement, Soros is a businessman and “shouldn’t be receiving taxpayer support to advance his radical left agenda to undermine freedom here at home and abroad.”
Join the conversation!
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.