GE's silencing of Olbermann and MSNBC's sleazy use of Richard Wolffe - Glenn Greenwald - Salon.com
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The New York Times this morning has a remarkable story, and incredibly, the article's author, Brian Stelter, doesn't even acknowledge, let alone examine, what makes the story so significant. In essence, the chairman of General Electric (which owns MSNBC), Jeffrey Immelt, and the chairman of News Corporation (which owns Fox News), Rupert Murdoch, were brought into a room at a "summit meeting" for CEOs in May, where Charlie Rose tried to engineer an end to the "feud" between MSNBC's Keith Olbermann and Fox's Bill O'Reilly. According to the NYT, both CEOs agreed that the dispute was bad for the interests of the corporate parents, and thus agreed to order their news employees to cease attacking each other's news organizations and employees.
Most notably, the deal wasn't engineered because of a perception that it was hurting either Olbermann or O'Reilly's show, or even that it was hurting MSNBC. To the contrary, as Olbermann himself has acknowledged, his battles with O'Reilly have substantially boosted his ratings. The agreement of the corporate CEOs to cease criticizing each other was motivated by the belief that such criticism was hurting the unrelated corporate interests of GE and News Corp:
The reconciliation -- not acknowledged by the parties until now -- showcased how a personal and commercial battle between two men could create real consequences for their parent corporations. A G.E. shareholders' meeting, for instance, was overrun by critics of MSNBC (and one of Mr. O’Reilly's producers) last April. . . .
In late 2007, Mr. O’Reilly had a young producer, Jesse Watters, ambush Mr. Immelt and ask about G.E.'s business in Iran, which is legal, and which includes sales of energy and medical technology. G.E. says it no longer does business in Iran.
Mr. O’Reilly continued to pour pressure on its corporate leaders, even saying on one program last year that "If my child were killed in Iraq, I would blame the likes of Jeffrey Immelt." The resulting e-mail to G.E. from Mr. O’Reilly's viewers was scathing. . .
Over time, G.E. and the News Corporation concluded that the fighting "wasn’t good for either parent," said an NBC employee with direct knowledge of the situation. But the session hosted by Mr. Rose provided an opportunity for a reconciliation, sealed with a handshake between Mr. Immelt and Mr. Murdoch.
Though Olbermann denies he was part of any deal, the NYT says that there has been virtually no criticism of Fox by Olbermman, or MSNBC by O'Reilly, since June 1 when the deal took effect. That's mostly but not entirely true. On June 17, after President Obama accused Fox News of fomenting hostility towards his agenda, and Fox responded by saying that the "other networks" were pure pro-Obama outlets, Olbermann did voice fairly stinging criticisms of Fox as "more of a political entity than is the Republican National Committee right now, only it's fraudulently disguised as some sort of news organization."
Most notably, the deal wasn't engineered because of a perception that it was hurting either Olbermann or O'Reilly's show, or even that it was hurting MSNBC. To the contrary, as Olbermann himself has acknowledged, his battles with O'Reilly have substantially boosted his ratings. The agreement of the corporate CEOs to cease criticizing each other was motivated by the belief that such criticism was hurting the unrelated corporate interests of GE and News Corp:
The reconciliation -- not acknowledged by the parties until now -- showcased how a personal and commercial battle between two men could create real consequences for their parent corporations. A G.E. shareholders' meeting, for instance, was overrun by critics of MSNBC (and one of Mr. O’Reilly's producers) last April. . . .
In late 2007, Mr. O’Reilly had a young producer, Jesse Watters, ambush Mr. Immelt and ask about G.E.'s business in Iran, which is legal, and which includes sales of energy and medical technology. G.E. says it no longer does business in Iran.
Mr. O’Reilly continued to pour pressure on its corporate leaders, even saying on one program last year that "If my child were killed in Iraq, I would blame the likes of Jeffrey Immelt." The resulting e-mail to G.E. from Mr. O’Reilly's viewers was scathing. . .
Over time, G.E. and the News Corporation concluded that the fighting "wasn’t good for either parent," said an NBC employee with direct knowledge of the situation. But the session hosted by Mr. Rose provided an opportunity for a reconciliation, sealed with a handshake between Mr. Immelt and Mr. Murdoch.
Though Olbermann denies he was part of any deal, the NYT says that there has been virtually no criticism of Fox by Olbermman, or MSNBC by O'Reilly, since June 1 when the deal took effect. That's mostly but not entirely true. On June 17, after President Obama accused Fox News of fomenting hostility towards his agenda, and Fox responded by saying that the "other networks" were pure pro-Obama outlets, Olbermann did voice fairly stinging criticisms of Fox as "more of a political entity than is the Republican National Committee right now, only it's fraudulently disguised as some sort of news organization."
