And men like Leo Hindery Jr are the Nazis. Don’t talk to me about capitalism when all he wanted to do was buy the media outlets to silence them. That is not capitalism, that is totalitarianism.
Employees of Obama donor Leo Hindery Jr.’s media conglomerate Intermedia Partners, which now owns most of the top gun-culture media outlets in the country, believe that Hindery plans to gut and destroy all of them as part of a business plan that has already led to numerous layoffs and the virtual shuttering of prominent television production facilities in Minnesota and Montana.
Hindery, who was in consideration to be President Barack Obama’s secretary of commerce, is managing partner of Intermedia Partners. The New York-based media private equity fund owns Intermedia Outdoor Holdings, which publishes 17 hunting, fishing, and shooting magazines, including Guns & Ammo, Handguns, Gun Dog, Rifle Shooter and Shooting Times.
InterMedia Outdoor Holdings purchased the pro-gun hunting and fishing network the Sportsman Channel in 2007, and is now in the process of acquiring the Outdoor Channel, pending the federal government’s approval of last month’s merger between InterMedia Outdoors and Outdoor Channel Holdings.
Prior to its acquisition by InterMedia, the media brand Petersen’s Hunting, the television arm of which is broadcast by the Sportsman Channel, was housed in a “beautiful” facility in Baxter, Minnesota, overlooking the Mississippi River. The facility had approximately 60 employees, a massive studio, at least nine editing bays and fully-wired machine rooms and was conducting about four studio shoots per year with a full production crew.
That facility now mostly consists of about 12 employees –“basic administrative types,” who “think every day they go into work is going to be their layoff day,” according to an InterMedia employee who spoke on condition of anonymity.
“They have people working out of rental strip malls doing all of their TV production,” the source said.
Petersen’s Hunting now “has its entire TV production staff working out of call centers” in Peoria, according to the employee.
InterMedia also purchased a company called Barrett Productions in Missoula, Montana, which was previously a thriving and well-respected television production company. The Barrett facility is now “gutted.”
“There’s nothing there but one intern slash production assistant and one administrative type. All the production people are gone. It’s a shell,” according to the employee.
“Now that Hindery has the Outdoor Channel, he’s in a position to consolidate all of the major pro-Second Amendment media titles in this country, strip them down, and destroy them, like venture capitalists do sometimes,” the employee said.
And we thought Seven Eleven just decided not to carry Guns And Ammo anymore…