I LOVE IT, I LOVE IT – AT 12:47 P.M. ET:  A shareholder revolt in journalism companies?  From Breitbart: 

A Time Warner shareholder accused CNN of acting like it was the part the “resistance” movement against President Donald Trump.

“I’m inquiring about CNN’s bias and our return on investment,” shareholder David Almasi reportedly told Time Warner CEO Jeff Bewkes during Thursday’s annual shareholders meeting.

“Half the American public—which includes potential and current CNN viewers—voted for Trump last November and supports his agenda. CNN acts as if it is part of the anti-Trump resistance.”

According to the Hollywood Reporter, “about half of the 300 people” at the annual shareholders meeting “applauded” Almasi while “several others later approached” him to “thank him for his questions.”

Almasi reportedly “cited data from the Media Research Center indicating that among the CNN panelists dissecting the May 9 firing of FBI director James Comey, 96 were anti-Trump and seven were pro-Trump.”

COMMENT:  A good moment in American capitalism.  If more shareholders speak out, maybe there's a chance we'll get some welcome change.  Or maybe investors can be moved to invest in new journalism outlets that are more balanced, and more capable.

CNN, which bills itself as the first name in news, is fast becoming the first name in views.  It is an editorial page with reporters attached.  It has plenty of talent, and misuses it.

June 17, 2017