Rupert Murdoch's 21st Century Fox announced today that it had withdrawn its bid to acquire the Time Warner entertainment conglomerate.
In a statement, Murdoch said, "Time Warner management and its Board refused to engage with us to explore an offer which was highly compelling. Additionally, the reaction in our share price since our proposal was made undervalues our stock and makes the transaction unattractive to Fox shareholders."
Time Warner had initially rejected the $80 billion offer from Murdoch, but he initially announced intentions to continue pursuing the acquisition.
21st Century Fox is the parent company of Fox Television, Fox News Channel, 20th Century Fox film studios, and several cable and satellite television networks.
Media Matters urged Time Warner shareholders and its Board of Directors to oppose the sale, arguing that the combined company, which would have created the world's second-largest media conglomerate, would reduce the viable options and opinions available for consumers.
News Corp., Murdoch's print-focused company (parent of the Wall Street Journal and Murdoch's U.K.-based newspapers), has recently had executives convicted for their role in the widespread phone hacking scandal, and has had to issue millions in payouts for privacy violations. As Murdoch's bid to buy Time Warner was revealed, two more News Corp. editors were charged with phone hacking.
UPDATE: In a statement, Media Matters Vice President Angelo Carusone said, "The prospect of Rupert Murdoch buying Time Warner presented real harms to the U.S. and global media landscape. It would have given him control of 40% of the cable market and 30% of the movie market. No one should hold that much influence but Murdoch, in particular, has demonstrated that he is far too irresponsible for that amount of power. Today's decision was a victory for the thousands of people who signed our petition urging shareholders to oppose the sale as well as media consumers across the country."
In an interview on CNN's Reliable Sources, Glenn Beck hyped his independent media venture while trying to divert attention away from his recent and past paranoid fantasies and conspiracy theories.
In an August 3 interview with host Brian Stelter labeled "the evolution of Glenn Beck," Beck appeared to discuss his network, The Blaze, and a move to a less political brand of talk, but Beck's own comments in the interview and recent work show his act hasn't really changed at all.
House Republicans pulled a bill which would increase funding for security at the southern border after conservative media and their allies voiced opposition to it.
The bill, pushed by House Speaker John Boehner (R-OH) was tabled after he and House Republican leadership faced "a rebellion among their most conservative ranks," according to the New York Times, who also reported that the failure to pass the bill "ensures that no legislation to address what both Democrats and Republicans call an urgent humanitarian crisis will reach President Obama's desk before the August break." After the measure failed, Republicans met to discuss whether they would bring up another bill before Congress goes into recess or to scrap the legislation entirely. Roll Call reported that "chaos reigned" as it became unclear what Republican leaders would decide to do.
Conservative media darling Sen. Ted Cruz (R-TX) was reportedly whipping votes in order to stop the bill the night before its introduction, according to a Washington Post report. Cruz appeared on Fox's On the Record with Greta Van Susteren that same night and attacked what he described as "President Obama's amnesty."
Weekly Standard founder and ABC News contributor Bill Kristol wrote a July 31 blog post demanding that the House "kill the bill." He described the bill as "dubious legislation" and argued that passing it would "take the focus off what President Obama has done about immigration."
Conservative radio host Hugh Hewitt agreed with Kristol, writing that the House should "kill the fake border security bill and go home until the House leadership gets serious about passing a real border security bill."
The Drudge Report highlighted opposition to the bill at the top of the site with the headline "Hill Phones Melt As Boehner Pushes Border."
The Drudge headline linked to Breitbart.com, which has repeatedly opposed immigration reform efforts. The story by Matthew Boyle noted that "The American people have overloaded the Congressional phone lines yet again on Thursday, pressuring their members of Congress to vote against the House and Senate immigration bills."
Fox News contributor Erick Erickson argued at his site, RedState, that the bill was flawed because it failed to repeal the Obama administration's Deferred Action for Childhood Arrivals (DACA), which conservatives incorrectly blame for generating the surge in child migrants from Central America.
Erickson added, "The House GOP should be starting with closing DACA, not telling conservatives they first have to fund the President and then they'll get table scraps" and directed his readers to RedState's "action center" where they could call Congress and demand that "the House GOP must close DACA."
Daily Caller columnist Mickey Kaus promoted a campaign from the anti-immigration group Federation for American Immigration Reform (FAIR) which urged readers to call the U.S. Capitol switchboard in order to speak to their member of Congress and demand "No New Laws" on immigration. Kaus also linked to a list of members and their direct office phone numbers.
Laura Ingraham, a talk radio host and Fox News/ABC News contributor, who has been an anti-immigration reform crusader for years, wrote on Twitter that Boehner had made a "supreme accomplishment" by pushing a bill that "manages to enrage both the political left and conservatives." She later celebrated its defeat.
Dinesh D'Souza has been ridiculed for his conspiracy theories about President Obama and other progressives, but Republican elected officials have repeatedly rushed to his defense even when D'Souza has made absurd, unsupported allegations.
A Texas charity has abandoned a plan to help house child migrants after conservative media outlets used misleading images to suggest displaced children would be living there in luxury conditions. In fact, the same charity operates other no-frills facilities and had planned to convert a hotel in a similar style.
Conservative media have promoted multiple conspiracy theories connected to the humanitarian migration crisis, including the accusation that President Obama "planned" the recent surge of child migrants across the border for political reasons, that migrant children are infecting Americans with rare diseases, and that Obama is allowing violent gang members to cross the border.
Fox News figures have repeatedly claimed a surge of National Guard troops to the U.S. - Mexico border would stem the tide of people seeking refugee status in the United States, but National Guardsmen cannot apprehend people at the border or turn them away.
On the July 13 Fox News Sunday, Gov. Rick Perry (R-TX) said he is requesting troops on the border because "what you have to have is this clear presence on the border, where people understand that you no longer can just freely go and walk across the Rio Grande and stay in America from now on." In response, guest host Brit Hume said to Perry, "I get that that's the message governor. What I don't quite understand is how it is with the law being the way it is, the presence of more troops or forces on the border who are not legally able to apprehend these immigrants, these border crossers, is going to change anything without the law being changed first."
Perry returned to his demand for an increased National Guard presence, arguing that "you bring boots on the ground to send that message clearly, both visually and otherwise."
Conservative pundit Pat Buchanan has written a new book which attempts to whitewash the divisive racial tactics used during President Nixon's presidential campaigns, strategies that Buchanan himself helped devise.
In his syndicated column previewing the book, The Greatest Comeback: How Richard Nixon Rose From Defeat to Create the New Majority, Buchanan recites the history of racism within the Democratic Party, then proceeds to present President Richard Nixon as a champion of racial equity. Buchanan claims, "Nixon won the South not because he agreed with them on civil rights--he never did--but because he shared the patriotic values of the South and its antipathy to liberal hypocrisy."
For years, right-wing media have tried to rewrite the history of the civil rights era to reflect less terribly on the conservative movement. Conservatives have sought to downplay Rev. Martin Luther King's progressive worldview and minimize the roles of Democratic presidents John F. Kennedy and Lyndon Johnson in the passage of civil rights legislation, while ignoring the conservative movement's efforts to block those laws.
Fox's Sean Hannity complained that Democrats are going "after a man with Parkinsons" in order to attack New Jersey Governor Chris Christie, but in 2006 when Rush Limbaugh mocked actor Michael J. Fox for his Parkinson's disease and claimed he was faking the effects of the ailment, Hannity defended him.
For more than twenty years, New York Times columnist Maureen Dowd has been attacking Hillary Clinton from a shallow well of insults, routinely portraying the former secretary of state and first lady as an unlikeable, power-hungry phony.
Media Matters analyzed 195 columns by Dowd since November 1993 containing significant mentions of Clinton for whether they included any of 16 negative tropes in five categories (listed in the below methodology). 72 percent (141 columns) were negative towards Clinton -- only 8 percent (15 columns) were positive. The remaining 20 percent (39 columns) were neutral.
For example, Dowd has repeatedly accused Clinton of being an enemy to or betraying feminism (35 columns, 18 percent of those studied), power-hungry (51 columns, 26 percent), unlikeable (9 columns, 5 percent), or phony (34 columns, 17 percent). She's also attacked the Clintons as a couple in 43 columns (22 percent), many of which included Dowd's ham-handed attempts at psychoanalysis.
Dowd's latest column discussed Clinton's book tour for her new memoir Hard Choices. In a tortured comparison, Dowd compared Clinton to Elsa from the popular Disney movie Frozen. Dowd concluded, "Those close to them think that the queen of Hillaryland and the Snow Queen from Disney's 'Frozen' have special magical powers, but worry about whether they can control those powers, show their humanity and stir real warmth in the public heart."
Dowd described Clinton's memoir as "a testament to caution and calculation," an accusation she has lobbed at the former secretary state for decades. Dowd called Clinton "scarred and defensive" and asserted that she lives in an "ice palace." The Frozen comparison is one of dozens of pop culture references Dowd has invoked in her writing about Clinton.
Dowd has stuck to this script for over two decades now, and shows no signs of letting go.
Conservative media figures are suggesting the arrest of a suspected ringleader of the Benghazi attacks was timed to help Hillary Clinton on her book tour.