 |
The Justice Dept has ordered China Global TV Network America, which is wholly-owned by the Government of the People’s Republic of China, to register as a foreign agent.
Though CGTV America disputes the Justice Dept.’s position that it engages in “political activities” as defined by the Foreign Agents Registration Act, it has registered “out of an abundance of caution and in the spirit of cooperation with US authorities,” according to its FARA filing.
Parent company CGTV, which has bureaus in Beijing and Nairobi, broadcasts news and other programming 24-hours a day. Its content goes to more than 100 English-speaking countries.
Its US unit claims it adheres to the same standards of professional journalism as other Washington news bureaus, including foreign media companies that broadcast or publish in the US.
“CGTN America enjoys editorial independence from state direction or control,” the company says in its FARA filing. “It employs a large team of highly qualified professional journalists and editors and CGTV has won numerous awards from some of the best journalism competitions in the US, including an Emmy.”
The Justice Dept. last year required Russian media company RTTV America to register as a foreign agent.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
Have a comment? Send it to 
No comments have been submitted for this story yet.