Your source is full of ****, Ican't.
According to
Forbes Magazine, hardly to be considered a liberal mouthpiece, La Raza, a subsidiary of Univision (owner of more than 90 Spanish-language stations in the United States and Puerto Rico), was purchased as a part of Univision, which was itself purchased for $13,700,000,000 in June of 2006:
Quote:Losing its bid to take over Univision Communications to a consortium of private equity funds could be a good thing for Grupo Televisa, according to research firm Credit Suisse.
Televisa tried to acquire Univision (nyse: UVN - news - people ) last week for $11 billion, but had to withdraw its bid when it lost the backing of two private equity firms, reportedly the Blackstone Group and Kohlberg Kravis Roberts.
On Tuesday, Univision, the largest Spanish-language media company in the U.S., announced a private acquisition deal worth $13.7 billion.
MSNBC identifies those who purchased Univision:
Quote:The consortium, led by private equity firms Texas Pacific Group Inc. and Thomas H. Lee Partners, also includes Madison Dearborn Partners LLC, Providence Equity Partners Inc., and media mogul Haim Saban.
The MSNBC story, which gives the Associated Press as a source, lists a cash purchase price of $12,300,000,000 plus the assumption of debt of $1,400,000,000--for a total of $13.7 billion, thus agreeing with the purchase price given in the Forbes article.
There is a cultural and political advocacy foundation for Spanish-speaking Americans known as La Raza, and that organization has received funding from the Open Society Foundation, which Soros established and funded. So O'Really is either ignorantly or disingenuously (i suspect the latter) falsely conflating the cultural foundation with the Spanish-language television service. Therefore, there is no evidence that Soros' foundation making a contribution to a cultural and political advocacy foundation constitutes an attempt to "control the media." O'Really either stupidly or in a knowing lie has made a false accusation. It is absolutely idiotic to suggest that Soros "funds" La Raza, in an attempt to claim he is taking over media. Haim Saban and the Sabin Capital Group have donated money to the Democratic National Committee, and to George Bush as well as many other Republicans, and has supported the re-election campaign of Arnold Schwarzenegger, as well as having several financial affiliations with the conservative media giant, Rupert Murdoch.
But people like O'Really rely upon the stupidity of their followers to assure that they (the followers) will not check sources to learn the truth. It seems that in at least one case, his dependence upon that hebetude was not misplaced.