Media Blog

Michael Moore’s Capitalist Sugar-Daddy

Hypocrisy on display.  Los Angeles Times:

He’s been called a bully and a monopolist. Al Gore once labeled him “Darth Vader.” The Wall Street Journal described him as “ruthless” and alleged “self-dealing” in a maze of complicated business transactions.He is a master of the tax-free deal, completely disdains government and most federal regulations, and has expressed a fondness for Rush Limbaugh. This summer he was slapped with a $1.4-million fine by the Justice Department for illegal stock purchases.

Sounds like the perfect target for a hard-hitting Michael Moore documentary, no? But no, we’re talking about Moore’s latest sugar daddy: cable mogul John Malone. 

That’s right, Moore’s “Capitalism: A Love Story” is being co-financed and distributed domestically by Overture Films, which is a unit of Malone’s Liberty Media. Moore, who has been railing against Big Media during press junkets promoting the movie, is in bed with the Goldman Sachs of the media world. Liberty also owns satellite broadcaster DirecTV, a stake in satellite radio operator Sirius XM, a big chunk of Barry Diller’s IAC/InterActiveCorp, the Atlanta Braves and a piece of the Denver Nuggets. Malone, who is considered the father of the modern-day cable industry, himself has a piece of cable programming giant Discovery Communications, on whose board he sits.

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