Time Warner poised to buy Chilevision-paper

[Judi Lynn]

Source: Reuters

Time Warner poised to buy Chilevision-paper
SANTIAGO | Tue Aug 24, 2010 12:25pm EDT

Aug 24 (Reuters) - Media conglomerate Time Warner (TWX.N) is poised to purchase television network Chilevision, which is owned by Chile President Sebastian Pinera, local daily El Mercurio reported on Tuesday.

The U.S. company was prepared to pay between $140 million and $150 million for the Chilean network, the paper said.

During an interview with local Spanish-language station CNN Chile on Monday night, Pinera said he was anxiously awaiting confirmation of the sale.

Representatives of Time Warner and Chilevision were not immediately available for comment.

Self-made billionaire Pinera had vowed to sell his main business interests like Chilevision and his major share in Chile's main airline, LAN LAN.SN(LFL.N), before assuming the presidency in March. He has now sold his stake in LAN.

Read more: http://www.reuters.com/article/idUSN2425972320100824?rpc=401

[Wilms]

1. Are they getting a grant from USAID? n/t

[Judi Lynn]

3. No doubt!You remember we learned there were Army Psy-ops people discovered working in CNN's newsroom

around 10 years ago, and undoubtly you are totally aware of the fact Richard M. Nixon sent MILLIONS of U.S. taxpayers' hard-earned dollars through the C.I.A. to Chilean media magnate Eduardo Augustin's El Mercurio, and other outlets, even installing CIA employees as journalists, in an effort to turn the tide of public opinion against the socialist candidate, Salvador Allende, then, after he was elected, to destroy faith in his administration, then, after he was terminated, his adminstration vaporized, and many of his top military allies, and staff people tortured and murdered, to SELL the Pinochet government to the completely unsuspecting Chilean people.

No doubt very few of them every realized what hit them. They were PLAYED like fools from Washington.

This is really top drawer stuff, isn't it? Pinera, owner of a huge media outlet, reminds you of the current right-wing President of Colombia who was the Defense Minister through all the massacres and assassinations and military and paramilitary "false positive" deliberate murders of civilians, of murders of political opposition, union workers, human right workers, campesinos, and judges, and spying upon others, including the Colombian Supreme Court members after they p.o.'d Uribe, Santos' family ALSO owns his country's largest newspaper.

Makes it easy when a President needs some good opinion molding, doesn't it? How could things EVER get any dirtier?

[JDPriestly]

2. No money to invest in creating jobs in the U.S., but

lots to waste on buying TV stations in Chile. Is Time-Warner an American country or is it an international company?

Why don't we try to get a law passed so that only strictly American-owned companies that will represent American interests can obtain TV, cable or radio licenses in the US? We get internet access that is international. Why can't we have national and local TV, cable or radio?

[Judi Lynn]

4. CNN has a big Latin America operation, and it follows a hard right position,

of course hammering all the leftists 24/7. Pathetic. They carried all the managed lies about Hugo Chavez's "resignation" from office when he had actually been forcibly removed by the right-wing oligarchy in a military coup which the people of Venezuela overthrew as soon as they got news of it, after the Venezuelan main stream media tried to do a total news blackout on the truth of the coup, and TOTALLY ignored the popular resistance which swelled into the streets all the way to the Presidential Palace.

Traitors. Criminals. And CNN, Latin America, was right there passing all the lies on to us. Thanks, CNN.

You're right, we SHOULD have decent local, national news right here, should ALWAYS have had honest access to truthful information about our own cities, states, country. How the right-wing ever pried it away from its rightful place is a completely dirty mystery, and a crime against the people of this country.

[Lightning Count]

5. So no more univision? nt

[Blue_Tires]

6. Chilevision is a badass name for a channel....