Billionaire Ally of President Trump Shuts Down Longest Running News Show in America

Billionaire Ally of President Trump Shuts Down Longest Running News Show in America

Raw America
Raw AmericaApr 18, 2026

Key Takeaways

  • CBS Radio, serving ~700 stations, ceased operations after Ellison acquisition.
  • Billionaire David Ellison, Trump ally, is reshaping CBS and targeting CNN.
  • FCC Chair Brendan Carr warned networks of license revocation over war coverage.
  • Raw America urges subscriptions to fund independent reporting amid media cuts.
  • Oil prices rose above $111 per barrel as U.S. casualties mount.

Pulse Analysis

The shutdown of CBS Radio marks a striking example of media consolidation driven by politically aligned investors. After David Ellison, a billionaire with close ties to former President Donald Trump, acquired the network, he began a rapid restructuring that eliminated a news service reaching hundreds of local stations. This move reflects a broader trend where high‑profile owners reshape legacy outlets to align with their ideological preferences, raising concerns about the erosion of editorial independence across the broadcast landscape.

At the same time, regulatory pressure is intensifying. FCC Chair Brendan Carr has publicly warned that broadcasters could face license revocation if their coverage of the ongoing Middle‑East conflict deviates from the administration’s narrative. Such threats echo historical attempts to curb dissenting voices and signal a chilling environment for journalists covering war, human rights, and government accountability. The convergence of ownership changes and governmental intimidation creates a precarious setting for a free press, especially as traditional newsrooms shrink.

In response, independent outlets like Raw America are turning to direct reader support to fill the reporting gap. By soliciting subscriptions, they aim to fund investigative journalism that mainstream networks may sideline. This grassroots financing model not only sustains coverage of under‑reported stories—such as the human cost of the Iran‑related war and the geopolitical implications of oil prices surpassing $111 a barrel—but also reinforces a diversified media ecosystem that can resist both corporate and political pressures. As the industry grapples with consolidation and regulatory challenges, audience‑backed journalism may become a critical bulwark for democratic discourse.

Billionaire Ally of President Trump Shuts Down Longest Running News Show in America

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