A far-right international media company with connections to China's Falun Gong religious movement is expanding its Chelsea footprint, according to recent filings with the city register.New Jersey-based Universal Communications Network — which does business as New Tang Dynasty and operates under the conservative media consortium Epoch Media Group, according to public tax filings — scooped up 129 W. 29th St. for $31 million, according to a public deed that appeared in city records on Monday.The powerful print and digital media company, whose central ethos is its opposition to the Chinese Communist Party, publishes the multilanguage newspaper Epoch Times — through which it promotes viral conspiracy theories such as anti-vaccine disinformation and QAnon.The media conglomerate, whose current headquarters at 229 W. 28th St. are just around the corner from its newly purchased 12-story 1911-era building between Sixth and Seventh avenues, has also reportedly funneled millions of dollars into Donald Trump's presidential campaign and repeated the false claim that Trump won the 2020 election against Joe Biden.Universal Communications Network chairman and president Zhong Tang purchased the building from Samson Management for $23 million less than it sold for back in 2012, according to city records. Universal Communications Network also secured a $23.2 million loan from the International Bank of Chicago in order to purchase the property, according to public documents.Epoch Media Group... Continue reading at 'Crains New York'
[ Crains New York | 2024-04-15 17:48:16 UTC ]
Retailers blame the presidential campaign and postelection anxiety for the year ending on a flat note, but some categories are growing in the book trade and in the comics shop market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-10 00:00:00 UTC ]
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Ad buyers are joining the fight against the "fake news" that many people blame for misinforming voters during the presidential campaign.Although the focus intially fell on Facebook and Google, where made-up headlines became easy to find, pressure has also come to bear on lesser-known companies... Continue reading at Advertising Age
[ Advertising Age | 2016-11-28 00:00:00 UTC ]
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Maurie Perl, the longtime chief spokeswoman at Condé Nast, is hanging it up after 21 years at the company. For 12 years, Perl built and oversaw the PR machine of the publishing company, reporting to parent Advance Publications Chairman Si Newhouse and then-Condé Nast CEO Steve Florio, who since... Continue reading at AdWeek
[ AdWeek | 2013-01-09 00:00:00 UTC ]
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The newest owner of The New Republic magazine is Chris Hughes, a new media guru who co-founded Facebook and helped to run the online organizing machine for Barack Obama's presidential campaign. Continue reading at The New York Times
[ The New York Times | 2012-03-09 00:00:00 UTC ]
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