'Corruption is blatant': Internet outraged over Qatari royal's investment worth $50M in pro-Trump network Newsmax

A member of the Qatari royal family invested $50 million in Newsmax during the Trump presidency
UPDATED MAR 27, 2024
The investment into Newsmax was made at a time when Qatar faced a diplomatic and economic blockade (Visit Qatar/Instagram, Newsmax/Instagram)
The investment into Newsmax was made at a time when Qatar faced a diplomatic and economic blockade (Visit Qatar/Instagram, Newsmax/Instagram)

WASHINGTON, DC: In a stunning revelation that has sent shockwaves through the media landscape, it has come to light that a member of the Qatari royal family invested a staggering $50 million in the pro-Trump cable news network Newsmax during the years 2019 and 2020, when Donald Trump was still in office.

This bombshell report, published by The Washington Post, has ignited a firestorm of outrage and allegations of bias, with many accusing Newsmax of compromising its journalistic integrity in exchange for financial backing from a foreign source.

Newsmax reportedly encouraged staffers to 'soften coverage of Qatar' following investment

According to the report, documents and representatives from both Newsmax and the unnamed Qatari royal confirmed the substantial investment.

Notably, the investment was made at a time when Qatar faced a diplomatic and economic blockade led by Saudi Arabia and the United Arab Emirates, who accused the country of having ties to terrrorist organisation. 

The Washington Post further alleged that following the investment, Newsmax leaders encouraged staffers to 'soften coverage of Qatar'. However, Newsmax vehemently disputed this characterization, issuing a statement to The Hill.

(Visit Qatar/Instagram)
The investment was made at a time when Qatar faced a diplomatic and economic blockade (Visit Qatar/Instagram)

"In 2019, Newsmax received a minority investment from a UK-based fund with a Qatari investor that also invested in a company associated with the current Washington Post publisher. Newsmax's coverage of Qatar has always been balanced, including publishing many online and TV reports quite critical of its activities," a Newsmax spokesperson said.

During the 2020 election cycle, Newsmax garnered considerable attention from supporters of former President Trump. However, the network has come under heavy criticism for its handling of topics such as COVID-19 vaccines and the unsubstantiated allegations of voter fraud made by the former president.

(Newsmax/Instagram)
Newsmax reportedly encouraged staffers to 'soften coverage of Qatar' following investment (Newsmax/Instagram)

Internet erupts with outrage upon learning of Qatari royal's investment in Newsmax

The internet erupted in outrage upon learning of the Qatari royal's investment in Newsmax. One X user expressed profound dismay, stating, "The corruption is blatant." Another echoed similar sentiments, remarking, "Corruption is rampant, especially when it involves @MofaQatar_EN and others who persist in interfering."



 



 

A third user questioned the broader implications, pondering, "And what’s preventing Qataris from demanding better coverage of Russia and China too?" Meanwhile, another individual sounded a "BIAS ALERT" in response to the alleged influence on Newsmax's coverage.



 



 

Amidst the flurry of reactions, a fifth user succinctly captured the sentiment with a single word: "Yikes."



 

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

President tells Fox News US sent weapons to ‘foment uprising,’ backing regime-change reports
4 minutes ago
'It's not just about the dollars, it's about the Pentagon managing the money', Senator Tim Kaine said during an interview with NBC's 'Meet the Press'
21 minutes ago
Gov Moore cites Maryland tax relief, calls for White House clarity on economic strategy
25 minutes ago
'Tuesday will be power plant day, and bridge day, all wrapped up in one, in Iran', Trump said, warning of direct action if Hormuz was not reopened
48 minutes ago
Iranian state media disputes US account, claims rescue failed and aircraft destroyed
1 hour ago
Tensions rise after Trump threatens Iran, even as diplomatic talks continue with Oman
2 hours ago
Lara Trump also suggested that, in certain cases, funding could be traced to foreign sources, including China
8 hours ago
Trump confirmed that US forces successfully rescued a second crew member from a downed F-15E fighter jet after an operation inside Iranian territory
9 hours ago
The US Rep also said that Trump has hired a 'bunch of lackeys' who will never execute the 25th Amendment to remove him from the role.
10 hours ago
Mary Trump pulled no punches as she called out Kristi Noem after her husband was revealed as cross-dresser
10 hours ago