Soros aids Vice News rescue.
George Soros’s Investment Firm to Acquire Vice Media
Get ready for a major shakeup in left-wing media! Soros Fund Management, along with Fortress Investment Group, are set to acquire Vice Media from bankruptcy for a whopping $400 million. This move will only add to the billionaire’s already enormous influence in American politics and media.
Why Vice Media?
Vice Media, which was valued at $5.7 billion in 2017, has been struggling to turn a profit in recent years. Soros’s investment firm and Fortress Investment Group were the top lenders to the indebted media group, making them the perfect candidates to take over the company.
What Does This Mean for Soros’s Influence?
Gaining control over Vice Media would only add to Soros’s already significant influence in American media. In 2021, Soros helped form an organization called Good Information, Inc., which acquired Courier Newsroom, a group that pushes Democratic propaganda on websites designed to resemble legitimate local news publications. Soros has also funded Media Matters for America with $500,000 in funding this year.
But Soros’s influence doesn’t stop at media. The billionaire philanthropist has deep ties to Democratic politics, funding the election campaigns of dozens of progressive prosecutors across the country. Donations from his Open Society Foundations even helped Democrats win the recent Wisconsin Supreme Court race.
The Bottom Line
With Soros’s investment firm and Fortress Investment Group taking over Vice Media, we can expect to see even more left-wing influence in American media. Keep an eye out for what’s to come!
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