As their bromance heats up, Jack Dorsey has weighed in again to support Elon Musk’s pending acquisition of Twitter following news the Tesla CEO wants him to retain a stake and stick around.
19.04.2022 - 18:27 / thewrap.com
stepped down as Twitter CEO in November, clapped back at a Monday tweet from CNN media analyst Brian Stelter, who had amplified criticism of Fox News host Tucker Carlson for “selling doubt.”Dorsey’s response to Stelter: “And you are selling hope?”.@jack defending @TuckerCarlson: pic.twitter.com/QJA5cFfQrXAfter a user characterized Dorsey’s response as “defending” Tucker Carlson, he tweeted again: “not defending anything. holding up a mirror.”Ever terse, @Jack condensed the rest of his commentary on the topic to a single-word response to a user who suggested that all media — not just one side or the other — are complicit in sowing fear and doubt.“I thought [Dorsey’s] point was that the press does the same thing, sowing doubt to promote white supremacy and get engagement, often amplifying bad takes, but now I’m not sure anymore.”“Yes” he replied.I thought his point was that the press does the same thing, sowing doubt to promote white supremacy and get engagement, often amplifying bad takes, but now I'm not sure anymoreDorsey did tweet several other replies that skewed critical of the media and social platforms, including Twitter itself, and CNN’s coverage of the riots in Ferguson, Mo., where Dorsey said the network’s journalists tried to “create content and film it.”I know this from being on the streets of Ferguson during the protests and watching them try to create conflict and film it causing the protestors to chant “fuck CNN”Not that any of this should come as much of a surprise.Dorsey’s leanings on media and politics have proved challenging to divine — he’s always come across as an equal-opportunity disapprover.
As their bromance heats up, Jack Dorsey has weighed in again to support Elon Musk’s pending acquisition of Twitter following news the Tesla CEO wants him to retain a stake and stick around.
Elon Musk has unveiled a group of investors that together will provide about $7.14 billion in financing commitments for his pending $44-billion acquisition of Twitter, and said he’s talking to Twitter founder Jack Dorsey about sticking around as part owner.
leaned into censoring certain users and content in the months leading up to his resignation.How things have already changed.Dorsey is among a new group of investors being floated by Elon Musk, the free-speech champion massing billions to complete his purchase Twitter, to participate as an investor in his private version of the company, according to a Securities and Exchange Commission filing from Thursday.The more than $7 billion in new money includes 19 investors, some of whom are current Twitter shareholders – including Larry Ellison, Sequoia Capital, Qatar Holding, and Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia. Equity commitments range from $1 billion (Ellison) on down to $5 million (Honeycomb Asset Management).It wasn’t immediately clear how the $7 billion would fit into the standing $44 billion offer that Musk made for the company, which was accepted late last month.
CNN’s Brian Stelter critiqued the media for its role in contributing to political theater and spectacle, invoking President Joe Biden’s censure of the press in his White House Correspondents Dinner speech, in which he adamantly stated, “American democracy is not a reality show.”During the introduction of Sunday’s “Reliable Sources,” Stelter reflected on the “reality TV vibe” of the yearly gala held Saturday night, pointing out the attendance of Hollywood “It” couple Kim Kardashian and Pete Davidson, who were invited as guests of ABC News.Taking on a more sober tone, however, he shifted to President Biden’s words at the event, in which he called on the Fourth Estate — a term that refers to the watchdog role of the press and its importance in a functioning democracy — to better approach weighty topics concerning ideals of democracy and freedom.“The first amendment grants the free press extraordinary protection,” Biden said in a clip from the dinner. “But with it comes, as many of you know, a very heavy obligation to seek the truth as best you can — not to inflame or entertain, but to illuminate and educate. I know it’s tough, and I’m not being solicitous.
New York Times series published Saturday.Investigative reporter Nicholas Confessore’s three-part series “American Nationalist” investigates how the right-wing host seized upon the “white fear” and white nationalism stoked by the Trump administration to rack up ratings.The series begins with selections from Carlson’s “encyclopedia of provocations,” citing his remarks about immigrants, Black Lives Matter protesters and refugees. It also dives into his ardent defense of the insurrectionists who attacked the U.S. Capitol, as well as Vladimir Putin throughout Russia’s invasion of Ukraine.An analysis of 1,150 episodes of “Tucker Carlson Tonight” revealed how Carlson has popularized “dog-whistle” terms like “legacy Americans” that had once been relegated to white nationalist publications.
Jennifer Maas TV Business WriterFormer AMC Networks chief Josh Sapan’s compensation for 2021, his final year as CEO of the company, rose 30% over the previous year to $15.3 million.According to a proxy statement filed with the SEC Friday, Sapan’s total pay from the company for 2021 was $15.3 million compared to the $11.8 million he received in 2020 and the $20.2 million he was paid in 2019.Click here to sign up for Variety‘s free Strictly Business newsletter covering earnings, financial and investment news, and more.Sapan’s successor, AMC Networks interim CEO Matthew Blank, was paid $6.97 million for the year. Blank joined AMC Networks in his new role in August just as Sapan stepped down.Blank’s base salary for 2021 was $630,136, while Sapan’s was $2 million.
Tucker Carlson’s promotion of testicle tanning, but on Wednesday, they finally got around to it. And thanks to a joke from Ana Navarro, the segment ended in raucous laughter.As the first segment landed on the Democrats’ agenda, Sunny Hostin argued the party needs to be talking about the things they want to do more — for example, canceling student loan debt — rather than letting conversation be dominated by GOP antics.
Holly Willoughby looked effortlessly chic as she joined a stylish Alex Scott at a photocall for ITV's upcoming show The Games on Wednesday. The This Morning presenter, 41, put on a leggy display in a black and white dress that showed off her toned and very tanned pins. The pretty number featured a collared and buttoned top with a statement black section as she posed up a storm for the cameras.
Radiohead song.The Tesla founder and entrepreneur successfully acquired the social media platform yesterday (April 25) for approximately $44billion (£34.5b), per The Independent.His offer was initially turned down by Twitter, which put a “poison pill” measure in place to stop a takeover attempt by Musk. However, the two parties later entered talks before the deal entered its final stages of negotiations.Dorsey shared a statement about the purchase with a link to Radiohead’s ‘Kid A’ track, ‘Everything In Its Right Place.’https://t.co/jeNtFyRrpR— jack⚡️ (@jack) April 26, 2022He then added: “I love Twitter. Twitter is the closest thing we have to a global consciousness.”I love Twitter.
Pat Saperstein Deputy EditorTwitter co-founder and former CEO Jack Dorsey commented on Elon Musk’s acquisition of the social media platform on Monday night, kicking off his thread with Radiohead’s song “Everything In Its Right Place.”“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote.After stepping down from Twitter in November 2021, Dorsey continued to sit on the company’s board of directors. The board approved Musk’s $44 billion acquisition Monday morning.I love Twitter.
Fox News personality Tucker Carlson celebrated Elon Musk’s acquisition of Twitter today with a two word tweet.
his hostile takeover of the social media giant, while current CEO Parag Agrawal could earn $39 million from his golden parachute package.Dorsey, who stepped down as CEO late last year, holds just over 18 million shares in Twitter — which has been the bulk of his compensation while he took a $1.40 annual paycheck while serving as chief executive since the platform launched in 2006. With Musk’s buyout offer at $54.20 per share, Dorsey stands to walk away from his company with just under $1 billion, according to the company’s latest proxy filing.Other Twitter execs could see cash payouts if Musk brings in new management and terminates them.
“Reliable Sources” host said Sunday was doomed from the start because of the timing of its launch the plans of its new owner, Warner Bros. Discovery.Less than a month after the launch of CNN+ — a subscription video streaming news service offshoot of CNN — Warner Bros.
Here’s one you might not expect from Jimmy Kimmel: The nightly slayer of conservatives and right-leaning commentators believes there’s value in “Tucker Carlson Tonight” being on the air.“No, I don’t think we should cancel Tucker Carlson,” the “Jimmy Kimmel Live!” host said on the Thursday episode of the New York Times’ podcast “Sway” with Kara Swisher, who asked him outright whether “Tucker Carlson Tonight” should be run off TV.Kimmel’s arguably unexpected free-speech advocacy certainly came with a whopping load of caveats, however — after all, Carlson, the entire Fox News lineup, and conservatives in general are regular fodder for his nightly monologue.“If you don’t like Tucker Carlson, you should not buy the products that are advertised on his show,” Kimmel continued. “And if you feel like writing a letter to those companies, you should write a letter to them. But I don’t think it’s a good idea to shut people up, because I want to know where people are coming from.
Cynthia Littleton Business EditorThe business of moviegoing may be grappling with unprecedented, pandemic-induced pressures, but no one should underestimate the economic value of a theatrical release.That was the strong perspective offered by Legendary Entertainment CEO Joshua Grode on Wednesday morning during a Q&A held as part of the Variety Power of Law breakfast, presented by City National Bank, at the Four Seasons Hotel in Beverly Hills.“I think there’s going to be a very vibrant theatrical business,” Grode told Variety Editor-in-Chief Claudia Eller, who conducted the 30-minute interview. Grode, a former lawyer who took the reins of Legendary in 2018, emphasized that Legendary’s model for backing big tentpole movies relies on strength at the box office to drive pricing and fees for premium VOD, pay-one television deals and other after-market exploitation that goes on for years.
Todd Longwell Legendary Entertainment CEO Joshua Grode, the keynote speaker at Variety’s Power of Law breakfast on April 20, is having a good year. For one thing, his company scored big at the Oscars with its epic adaptation of Frank Herbert’s classic sci-fi novel “Dune” (produced in partnership with Warner Bros.), which earned 10 nominations, including best picture, and took home six statuettes.
Carlson’s new special, called “The End of Men,” one of the Fox News and Fox Nation host’s interview subjects touts the idea of red light therapy, which includes testicle tanning. That’s the part that Carlson hones in on, noting that “half of the viewers” probably consider it to be a “crazy” idea, but adds that he’s open to it.Of course, Meyers chuckled at the idea that Carlson’s viewers would consider testicle tanning an outlandish idea.“I also like that Tucker says half of his viewers will think testicle tanning is crazy.
Twitter stock popped higher Monday, heading closer to Elon Musk’s $54.20-per-share offer, as he bad-mouthed the company’s board amid rumors of other possible bids.