Re Moore backer John Malone (and TCI, Liberty Media, Fox News, Cato Institute, etc.), see:
Malone & Moore
Overture's John Malone is a master of the tax-free deal, a champion of unfettered free markets and completely disdains government and most federal regulations. And, yeah, Moore is OK with that.
By Joe Flint
LA Times, September 17, 2009
Sounds like the perfect target for a scathing Michael Moore documentary, no? It might be, if it weren't for the fact that he's also Moore's latest financial backer -- cable magnate 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 fact, in bed with the Goldman Sachs of the media world.
Liberty, which also owns satellite broadcaster DirecTV, has 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, considered the father of the modern-day cable industry, himself has a piece of cable programming giant Discovery Communications, on whose board he sits.
Obviously, there is a little something ironic about Moore's cinematic screed against capitalism being backed in part by one of the country's richest and most avowed capitalists. Then again, Moore is nothing if not a paradox. Although he still has close ties to Michigan and has positioned himself as the voice of the common man, Moore is also a shrewd negotiator when it comes to his vested financial interests. On his last film, "Sicko," he received half of the documentary's gross profits, as detailed in a Los Angeles Times story in 2007.
While Moore relishes the spotlight, Malone keeps a relatively modest profile. Although he's amassed a fortune, he's not flashy. Malone has been known to go home for lunch with his wife and once told the New Yorker that while his children will not go wanting in this world, he plans to leave the bulk of his estate to charity.
Moore, through a spokesman, isn't making any apologies for having one of Malone's companies as a backer of his film.
Although it's unknown whether Malone would agree with Moore's belief that the wealthy
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