The leading shareholder in Warner Brothers Discovery is John Malone, a multibillionaire cable magnate. (Malone was a chief architect in the merger of Discovery and CNN.)
Malone describes himself as a “libertarian” although he travels in rightwing Republican circles. In 2005, he held 32% of the shares of Rupert Murdoch’s News Corporation. He is on the board of directors of the Cato Institute. In 2017, he donated $250,000 to Trump’s inauguration.
Malone has said he wants CNN to be more like Fox News because, in his view, Fox News has “actual journalism”. Malone also wants the “news” portion of CNN to be “more centrist”.
It’s unlikely that Malone instructed Zaslav to tell Licht to fire Stelter. Power isn’t exercised that directly or clumsily in large corporate media bureaucracies.
It’s more likely that Licht knew what Zaslav wanted, and Zaslav knew what Malone wanted. A source told Deadline’s Dominic Patten and Ted Johnson that even if Malone didn’t order Stelter’s ouster, “it sure represents his thinking”.
Early last spring, Stelter wrote in his newsletter that Malone’s comments about CNN “stoked fears that Discovery might stifle CNN journalists and steer away from calling out indecency and injustice”.
When you follow the money behind deeply irresponsible decisions at the power centers of America today, the road often leads to rightwing billionaires.
Last Sunday, on his last show, Stelter said:
“It’s not partisan to stand up for decency and democracy and dialogue. It’s not partisan to stand up to demagogues. It’s required. It’s patriotic. We must make sure we don’t give platforms to those who are lying to our faces.”
Precisely.
Sadly, there are still many in America – and not just billionaires like Malone – who believe that holding Trump accountable for what he has done (and continues to do) to this country is a form of partisanship, and that such partisanship has no place in so-called “balanced journalism”.