Investment in Newsmax by Qatari Royal
A Qatari royal invested $50 million into Newsmax, leading to staff being told to 'soften' coverage of Qatar. This investment coincided with a diplomatic crisis involving Qatar's ties to Iran, the Muslim Brotherhood, and Al Jazeera. The CEO of Newsmax denied allegations of biased coverage.
Key Points
- Qatari royal invested $50 million in Newsmax
- Staff were told to 'soften' coverage of Qatar
- Investment coincided with a diplomatic crisis involving Qatar
- CEO denied allegations of biased coverage
Pros
- Increased funding for Newsmax
Cons
- Allegations of biased coverage
- Potential influence on media content