blog banner
The Young Turks Sign $20 Million Investment Deal

The Young Turks Sign $20 Million Investment Deal


SOME OF YOU MIGHT HAVE ALREADY HEARD
THIS, WE ARE IN FACT OWNED BY QATAR. NO, WE ARE NOT. WE HAVE
WONDERFUL NEWS FOR THE COMPANY, WE DID GET AN INVESTMENT THAT
WAS ANNOUNCED YESTERDAY. IT WAS $20 MILLION, TO US IT WAS A LOT
OF MONEY. 48 TRADITIONAL MEDIA COMPANY THEY ARE PROBABLY
SNICKERING. THAT IS WHAT THEY PAY SOME OF THEIR ANCHORS EVERY
YEAR. WE HAVE NEVER HAD ANYWHERE NEAR THAT KIND OF MONEY I
BELIEVE WE CAN DO AMAZING THINGS. A NATIONAL NATURAL
QUESTION PEOPLE ASK US IS ABOUT THE INVESTORS. WHAT DO THEY WANT
TO DO AND WHAT ARE THEIR MOTIVATIONS? DOES THIS MEAN WE
TAKE THE MONEY AND THAT’S IT? THEY PUT THE MONEY AND BECAUSE
THEY LIKE WHAT WE ARE DOING, THAT IS HOW IT WORKS. THEY PUT
THE MONEY AND BECAUSE THEY THINK YOU GUYS ARE GIGANTIC, WHICH YOU
ARE. NOW IT IS RANKED NUMBER ONE IN ONLINE NEWS AND THAT IS WHY
WE ARE BESIEGED BY THE RIGHT WING, AND A TINY FRACTION OF THE
LEFT WING, AND CERTAINLY THE ESTABLISHMENT. BUT THROUGH ALL
THAT WOULD INVESTORS SEE IS HOW DID THEY GET TO BE NUMBER ONE
WITH THAT LITTLE MONEY? DO YOU KNOW HOW WE DID? BECAUSE WE
APPARENTLY HAVE A MESSAGE THAT YOU GUYS LIKE. AND THEY SAID
THAT IS WHAT WE WANT TO BACK. IT WOULD DEFEAT THE ENTIRE POINTS
IF WE CHANGE, AND THEY WOULD LOSE ALL THEIR MONEY. NOT A GOOD
STRATEGY IF YOU ARE AN INVESTOR. OF COURSE THERE HAS BEEN A
NUMBER OF ABSURD THINGS THAT WERE PUT OUT THERE AS SOON AS IT
WAS ANNOUNCED. MY FAVORITE WAS THE ONE THAT WAS RAISING THE
DEBATE OF BOTH THE RIGHT AND THE LEFT ESTABLISHMENT ñ WELL, IF
YOU’RE AGAINST MONEY AND POLITICS THEN WHY ARE YOU IN
FAVOR OF MONEY IN COMPANIES? THAT DOESN’T MAKE SENSE. WE ARE
NOT A POLITICAL PARTY. WE DON’T THINK COMPANIES ARE PEOPLE. YOU
CAN’T RUN A COMPANY WITHOUT MONEY. WE HAVE ABOUT 100 PEOPLE
THAT WORK HERE BOTH FULL-TIME AND CONTRACTORS. WE BUILT THAT
THROUGH A LOT OF THE STUFF THAT YOU GUYS DID INCLUDING
MEMBERSHIP, AND THE FUND-RAISING DRIVE WE DID RECENTLY. SO MONEY
AND POLITICS IS A COMPLETELY DIFFERENT ISSUE. IF A COMPANY
EXISTS, ñ COMPANY SHOULD BE ALLOWED TO DO CERTAIN THINGS
LIKE RUN A BUSINESS, THEY SHOULD NOT BE ALLOWED TO DO OTHER
THINGS LIKE INVEST IN POLITICIANS AND SAY I AM DOING
THIS OUT OF THE GOODNESS OF MY HEART I WANT TO GET ALL THE
MONEY OUT OF POLITICS SO WE CAN HAVE CLEAN ELECTIONS. SPEAKING
OF THINGS MEANT TO CONFUSE YOU, YOU GUYS GOT A LOAN FROM PEOPLE
WHO BACKED DEMOCRATS. YOU GUYS ARE WAY TOO LIBERAL BECAUSE YOU
SUPPORT BERNIE SANDERS, AND SOME OF YOUR INVESTORS HAVE DONATED
TO POLITICIANS SO YOU GUYS ARE TO ESTABLISHMENT. WHICH ONE IS
IT? YOU CAN WATCH THE SHOW AND YOU WILL SEE THAT WE ARE NO
ALLIES OF THE DEMOCRATIC PARTY, THAT IS WHY THEY ARE SERIOUS AT
US. WE ARE CERTAINLY NOT ALLIES OF THE REPUBLICAN PARTY. WHAT WE
TRIED TO DO, IS OUR WHOLE THESIS IS AUDIENCE FIRST, DON’T SELL
OUT FOR ACCESS, OR ANY OF THOSE ISSUES. DO YOU KNOW WHY IT
WORKED? BECAUSE IT IS LOGICAL. SERVE YOUR AUDIENCE FIRST. I
WONDER WHY B BECAME POPULAR? AND SO WE ARE SUPER HAPPY TO TAKE
THIS. WHAT WILL WE SPEND IT ON? OUR WEBSITE WAS SLOW YESTERDAY. SOME OF THE JOBS WE MIGHT WANT TO PUT SOME OF THAT MONEY INTO
THE WEBSITE. RIGHT NOW WE DON’T HAVE OUR OWN APP, THAT IS
CRIMINAL. WE WERE GOING TO FIX THAT AND GIVE YOU GUYS THE BEST
APP THERE IS. WE ARE ALSO ABLE TO HIRE MORE PEOPLE TO DO THAT. I HAVE IDEAS ON DOCUMENTARIES THAT INVOLVE YOU GUYS, LET ALONE
DOCUMENTARIES ON JUSTICE DEMOCRATS. ANYONE FIGHTING BACK
AGAINST THE POWERFUL IN THIS RIGGED SYSTEM. IT’S VERY CLEAR
THAT MONEY AND POLITICS IS AN ENORMOUS ISSUE. WOLFPAC AS
WELL, FOLLOW THEIR FIGHT AND HELP ON
THAT FORM. I DON’T WANT
TO BORE YOU WITH ALL THE BUSINESS DETAILS OF HOW THIS
WORKS, BUT WE ARE GOING TO DOUBLE THE SIZE OF THE COMPANY,
THAT MEANS WE WILL HAVE A LOT MORE SHOWS THIS IS ALL AMAZING
NEWS. I DO WANT TO GET TO ONE QUESTION THAT I THINK IS FAIR. SOME OF OUR MEMBERS HAVE ASKED THIS, MONEY AND POLITICS IS AN
ABSURD EXAMPLE BUT THEY SAY WILL YOU BE OVERLY INFLUENCED BY THE
WISHES OF YOUR FINANCIAL BACKERS? NUMBER ONE WE ALREADY
HAVE THE MONEY. AND EXPLAINING HOW THAT WORKS I DON’T MEAN TO
RUB IT IN, I’M JUST SAYING THAT IT IS NOT IN INCREMENTS, THERE
ARE NO STRINGS ATTACHED. SOMETIMES WHEN PEOPLE DO IS THEY
SAY I WILL GIVE YOU A LITTLE BIT, AND IF YOU DO THE RIGHT
THINGS I WILL GIVE YOU A LITTLE BIT MORE. THAT IS WHY JUSTICE
DEMOCRATS ARE INVOLVED IN POLITICS AND THEY DON’T TAKE
MONEY FROM BIG DONORS. A LOT OF TIMES WHAT POLITICAL DONORS DO
IS IF YOU ARE GOOD TO ME I WILL GIVE YOU MORE DONATIONS NEXT
YEAR. WE DON’T BELIEVE IN THAT CONCEPT AND THIS IS ALL AT ONCE. SOME PEOPLE SAW THAT ONE OF THE INVESTORS IS ON OUR EDITORIAL
BOARD. FIRST OF ALL WE DON’T HAVE AN EDITORIAL BOARD. WE
HAVE STAFF, BUT INVESTORS HAVE NOTHING TO DO WITH EDITORIAL
STAFF. WE RETAIN FULL EDITORIAL CONTROL. WE ALSO TURNED DOWN A
LOT OF MONEY EARLIER BECAUSE WE INSISTED ON EDITORIAL CONTROL. I
THINK WE WENT THROUGH A LOT OF PAIN AND SACRIFICE TO GET THE
RIGHT DEAL WITH THE RIGHT PARTNERS. THEY ARE PERFECTLY
AWARE OF THAT.. THE PROOF IS ALWAYS ON THE PUTTING. WE HAVE
BEEN AROUND FOR 15 YEARS AND HOW DO WE GET THIS BIG? BECAUSE WE
PROVED IT OVER AND OVER AGAIN THAT WE MEAN WHAT WE SAY. THERE
WERE ALL THESE FAKE NEWS OUTLETS DURING THE ELECTION, THEY ARE
ALL GONE. ALL THE FAKE NEWS OUTLETS WERE IMMEDIATELY WIPED
AWAY. I THINK WE HAVE BEEN DOING THAT FOR 15 YEARS FOR YOU GUYS. EVERY SINGLE DAY WE HAVE TO EARN IT AGAIN. IF YOU THINK WE ARE
NOT FIGHTING FOR YOU, THEN GET RID OF US. IF YOU HAVE BEEN WITH
US THIS WHOLE TIME, YOU SHOULD BE THRILLED AT WHAT IS HAPPENING
HERE. IF YOU THINK WE WERE TOUGH ON THE ESTABLISHMENT BEFORE,
WAIT UNTIL YOU GET A LOAD OF US NOW. THEY MIGHT STILL SNICKER
AND SAY IT IS HUGE FOR YOU GUYS, BUT NOT FOR US. THAT MONEY FOR
US IS WORTH ALL THE MONEY IN THE WORLD BECAUSE WE ARE USED TO
HAVING NOTHING. IF THEY THOUGHT WE WERE CHALLENGING THEIR POWER
BEFORE, WHAT NOW? THERE WAS ONLY ONE WAY TO FIND OUT, STAY HERE
AND IF YOU SENSE WE ARE NOT DOING THE RIGHT THINGS HAVE AT
IT. BUT WE WILL PROVE OURSELVES DAY IN AND DAY OUT. BASICALLY
WITH THIS IN OUR ARSENAL NOW WE HAVE DRAGONS. WATCH OUT. EVERYDAY IT IS MY JOB TO MAKE SURE WE FIGHT FOR YOU, AND THAT
IS EXACTLY WHAT WE PLAN TO DO WITH THESE DRAGONS. THANK YOU
FOR SUPPORTING US GUYS. ONLY GOING TO BE STRONGER GOING
FORWARD. TYT, ALWAYS TOO STRONG.

  • FLAG EVERY SINGLE YT VIDEO ALONG WITH CNN. JUST GO DOWN THE LINE AND FLAG THEM FOR TERRORISM OR SOME OTHER REson. GO GO GO

  • if you think the young Turks is real news you're a lost soul if you think this loser is an honest man you're a complete braindead moron. He is a parasite always has been always will be and he knows it too unfortunately his brain dead audience doesn't

  • People ask Cenk if he is going to be overly influenced by his financial backers. In Cenk's famous, words, "OF COURSE…"

  • Chunk remember your interview with abby martin….when you quit mainstream remember being anti establishment..you wanted to tell the truth…..remember washington didn't like your view ….and now you sold yourself out ….now your kissing the big butt….now your aching the conservative news ….shameful chunky.

  • Newsbud and Sibel Edmunds has some unflattering information the FBI knew about you back in the early 2000's. It's this new technology called YouTube. "LOOK IT UP!"

  • Investment?? No it is still bought and you still owe them a favour but…. Whatever excuse helps you sleep at night.

  • npr…takes money from govt., but mostly from public and private corporations. So, unless they start turning to the dark side, I'm going to trust their reporting. There is enough info available elsewhere, that you can just fact check. What's the problem.

  • Ignore all these haters 🤗, but let's also thank them as they make you stronger. I'm happy for you guys!!!!! And please keep doing what you do. You guys are motivators!!! 😎

  • Congratulations! I do hope it's from an anonymous donor, this way all those jealous trolls below me can't cry like little bitches that they are!!!

  • The Justice Democrats ousted Cenk Uygur, one of its founding board members and a creator of progressive online network The Young Turks, following the Thursday revelation that Uygur had authored sexist blogposts in the early 2000s.

    The left-leaning political organization, which Uygur and others established this year to support progressive primary challenges against Democratic incumbents in Congress, made the announcement Friday. The group also severed ties with David Koller, who co-founded The Young Turks with Uygur and served as Justice Democrats’ treasurer. A 2004 blogpost in which Koller used degrading language about women he and Uygur met on a road-trip surfaced this week as well.

    “The words and conduct in Mr. Uygur and Mr. Koller’s posts degrade what it means to be a Justice Democrat,” Justice Democrats executive director Saikat Chakrabarti said in a Friday evening statement announcing the board’s decision to demand Uygur and Koller’s resignations. “We do not feel that Mr. Uygur is fit to lead or participate in an organization that truly believes women’s issues and the issues of black and brown people are all of our issues.”

    The Justice Democrats board reached its decision to call for their departures after hearing Uygur’s “side of the story” and consulting with the political candidates the group has endorsed, Chakrabarti said.

    The Young Turks did not immediately respond to a request for comment on the past writings.

    This week, The Wrap unearthed archived blogposts from Uygur’s early days as a pundit and writer in which he repeatedly used objectifying language to describe women.

    “Obviously, the genes of women are flawed,” Uygur wrote in a 1999 post lamenting the inadequate amount of sex he was having while living in Miami, Florida. “They are poorly designed creatures who do not want to have sex nearly as often as needed for the human race to get along peaceably and fruitfully.”

    In a 2002 entry in which Uygur described the “rules of dating,” he specified that “there must be orgasm by the fifth date.” And in a 2003 column, he described drunken revelry at Mardi Gras in New Orleans, Louisiana, where he “kissed over 23 different women, saw and felt countless breasts.”

    In addition, a 2004 post by Koller described teenage girls that he and Uygur met near a gas station in Pennsylvania as “whores in training, literally looking for boys to pick them up.”

  • The Justice Democrats ousted Cenk Uygur, one of its founding board members and a creator of progressive online network The Young Turks, following the Thursday revelation that Uygur had authored sexist blogposts in the early 2000s.

    The left-leaning political organization, which Uygur and others established this year to support progressive primary challenges against Democratic incumbents in Congress, made the announcement Friday. The group also severed ties with David Koller, who co-founded The Young Turks with Uygur and served as Justice Democrats’ treasurer. A 2004 blogpost in which Koller used degrading language about women he and Uygur met on a road-trip surfaced this week as well.

    “The words and conduct in Mr. Uygur and Mr. Koller’s posts degrade what it means to be a Justice Democrat,” Justice Democrats executive director Saikat Chakrabarti said in a Friday evening statement announcing the board’s decision to demand Uygur and Koller’s resignations. “We do not feel that Mr. Uygur is fit to lead or participate in an organization that truly believes women’s issues and the issues of black and brown people are all of our issues.”

    The Justice Democrats board reached its decision to call for their departures after hearing Uygur’s “side of the story” and consulting with the political candidates the group has endorsed, Chakrabarti said.

    The Young Turks did not immediately respond to a request for comment on the past writings.

    This week, The Wrap unearthed archived blogposts from Uygur’s early days as a pundit and writer in which he repeatedly used objectifying language to describe women.

    “Obviously, the genes of women are flawed,” Uygur wrote in a 1999 post lamenting the inadequate amount of sex he was having while living in Miami, Florida. “They are poorly designed creatures who do not want to have sex nearly as often as needed for the human race to get along peaceably and fruitfully.”

    In a 2002 entry in which Uygur described the “rules of dating,” he specified that “there must be orgasm by the fifth date.” And in a 2003 column, he described drunken revelry at Mardi Gras in New Orleans, Louisiana, where he “kissed over 23 different women, saw and felt countless breasts.”

    In addition, a 2004 post by Koller described teenage girls that he and Uygur met near a gas station in Pennsylvania as “whores in training, literally looking for boys to pick them up.”

  • I still strongly support TYT and am actually happy they're getting more funding, but I do have to question Cenk's explanation. Cenk: You think donors give money to politicians because they like what they're doing and want to support them!?! HA! Also Cenk: They're just giving us money because they like what we're doing; they certainly don't want to tweak our content. It's certainly not implausible that this inventor wants to control their content.

  • Don't forget to thank the Trumptards and Rightwing Snowflakes, their negative comments and downvotes are helping TYT Grow!!

    😀

  • You've always said you work for us because your money comes from us as small donations. You're rationalizing here. It may just be that you can't handle the growth instead of being from influence from the investment, but your reporting has become much more hack-ey ever since. I defended this move some at first, but I can't defend it anymore since your content did change for the worse after the investment.

    You do lots more yellow journalism, going after sensationalism (especially ad hominem attacks) and un-critical repeating of mainstream media's narratives, especially around Russia/Trump. Spend the time to go over their statements critically before you regurgitate it please, Jimmy Dore does much better than you in this area at this point. Also, go after Trump on substance, not rumor and insinuations. It feels like you fired your fact-checking team, though I presume that's partially because they've been spread out among the new reporters? Whatever the case, you need to hire more fact-checkers and researchers much more than you need more on-air reporters. People watched you because of your accuracy and content, not because you could spew out more volume of junk and repetitive reporting. Get back to real journalism please.

  • Great news!!!!! I LOVE it!!! so happy to hear this! I love Cenk, Jimmy, John, Ana!! i hate Hannah & Ben tho…! =/ great work, i love TYT!!!!! <3<3<3<3<3<3

  • Used to be a big fan. After Bernie got bent over by the DNC (and HRC) and the ESPECIALLY after this shady "investment" I knew you, TYT, just signed your own death certificate (and/or business/ethics model)….

    RIP TYT (2016) 🙏🏻

  • I wonder if TYT will release for our viewing the contract with the terms and conditions that the investor presented for them to sign before the money was given to TYT. Then, we will know what the real deal is.

  • so its going into their website, an app, documentaries. thats not going very far.. "im not going to bore you in how this works" such bs

  • Cenk you said a million times that you work for us BECAUSE you are FUNDED BY the viewers. Eg when you raised money for your studio that was your selling point repeated over and over. To now pretend that you never said this or that 20 million investment doesn't mean they influence you is beyond laughable.

  • Cenk using the exact same arguments as the politicians he critizes when they take big money. Claiming it's not as big a deal cause it's a company and not a politician running for office. You guys have arguably more influence and it could be argued that you guys taking big money is WORSE than a politician taking big money.
    Kyle at secular talk and Jimmy Dore run circles around you and they only rely on small donations.

  • Well, Cenk, I don't need to know WHO gave you the money, but I think your members and viewers would appreciate seeing the terms of the agreement, especially the part that shows your complete editorial control, since this whole video flies in the face of your years of "we work for our members" ads. The fact that all the cursing has been bleeped out in recent months also belies this editorial control comment. I'm just sayin'. I like you guys and I would like to see you continue to be on the edge rather than watered down because someone is holding all this money over your heads.

  • He was obviously offered a seal he couldn't refuse. Take the money or. You know how it goes. Still deon't know where it's from.

  • Cenk! Why not make another clip where you have the list of your "investors" & those investors you rejected (because they want to control the editorial board or for whatever reasons)??? At least show explanations who these "investors", including those you rejected.

  • So, this oddly is announced when your number one competitor is snuffed out from YouTube. Now we know why you were so adamant to kill Mr. gatekeeper's channel. But, the Streisand effect is in full motion. Some people never learn.

  • I just became aware of the young turks situation and accusations. This man is clearly doing damage control. In the future, I will ignore him.

  • The Young Turds are anti-christian, anti-theists bigoted holocaust deniers.
    Playing it down to the point of dismissing the Armenian holocaust as being in the past and telling people to get over it means The Yong Turds are being Armenian holocaust deniers.
    People need to boycott any company with advertisements associated with The Young Turds until The Young Turds completely own up to the existence of the Armenian holocaust.

  • So let's see, Cenk receives 10's of million's in ad revenue annually yet he has these little pledge drives and selling t-shirts etc and memberships. Jeffrey Katzenberg is not stupid enough to invest to an operation like this without something in it for him. Success and yet hawking t-shirts? please. Cenk is full of shit in this video and you can tell by the way he stumbles. Their growth has slowed to a snails pace.

  • It is kinda f*cked that you got this 20 million after usurping the funds for investigative reporters from the people. Now you're "too strong", can you refund the people for your news team?

  • Pretty sure this is the explanation my teacher gave for how lobbying works…. no the money doesn’t affect their voting….and then we watched a documentary on Jack Abramoff 😂 LAMo

  • You can build an independent outlet for 15 years, but it only takes a Russiagate to destroy it.
    And also shilling for Hillary, blacklisting Tulsi and pushing propaganda.

  • Capitalism is evil. Corporations are evil. Investors are evil. 1% are evil.
    Except when they fund TYT of course.

  • TYT spends a lot of time railing against the corrupting power of money and then insists it has no influence over them.

Leave a Reply

Your email address will not be published. Required fields are marked *