Media company by Steve Bannon and Guo Wengui
GTV Media Group Inc.
Founded April 20, 2020; 4 years ago (2020-04-20 ) Headquarters , United States
Key people
Total equity US$ 300 million (2020)Website gtv.org Footnotes / references
[1]
[2]
GTV Media Group, Inc. is a media company formed in April 2020 by
Steve Bannon and
Guo Wengui .
[3]
[4] The company operates GTV, a Chinese media platform.
[5]
Background
Prior to forming GTV,
Steve Bannon served as an executive of
Breitbart News and an advisor to the
administration of U.S. President Donald Trump .
Guo Wengui , also known as Miles Kwok, is a Chinese
billionaire
fugitive .
[6]
[7] Guo paid Bannon $1 million for consulting services related to
G News from August 2018 to August 2019.
[8]
History
GTV Media Group, Inc. was founded in
New York on April 20, 2020.
[2] In August,
The Wall Street Journal reported that GTV Media was being investigated by the
Federal Bureau of Investigation (FBI) and
U.S. Securities and Exchange Commission (SEC) related to more than $300 million in
private equity funding . Some investors had requested refunds after GTV Media failed to produce official documents validating their investments. Bank accounts of the company were frozen by
Wells Fargo and
Chase Bank , and a
Bank of America account of GTV Media's parent company was closed.
[9]
[1]
[7]
The organization also attracted attention in August following the
federal grand jury indictment of Bannon,
Brian Kolfage , and several of their associates on charges of
conspiracy to commit fraud and conspiracy to commit
money laundering in connection with the
We Build the Wall fundraising project.
[1]
[7]
[10]
[6] Guo responded that the charges were "fabricated" and claimed that they were part of a plan by the
Chinese Communist Party to "take Mr. Bannon down".
[11]
Like other entities under Guo and Bannon, this organization has also participated in the spread of non verified information and conspiracy theories about
Hunter Biden
[5]
[12] as well as
misinformation related to the COVID-19 pandemic .
[13]
[14]
[15]
In September 2021, GTV settled with the
U.S. Securities and Exchange Commission over allegations that it participated in the illegal sale of shares and digital securities called G-Coins or G-Dollars. In the settlement, the firms paid more than $539 million.
[16]
New Zealand operations
GTV formerly hosted
Counterspin Media , a far right New Zealand platform promoting far right ideology and conspiracy theories including opposition to
COVID-19 vaccines and restrictions. Counterspin's hosts including founder and far right activist
Kelvyn Alp and former
Green Party activist Hannah Spierer.
[17]
[18]
See also
References
^
a
b
c Papenfuss, Mary (August 20, 2020).
"FBI Now Probing $300 Million Media Company Deal Linked To Steve Bannon: Report" .
Huffington Post . Retrieved August 26, 2020 .
^
a
b
"NYS Department of State Division of Corporations Entity Information" . New York Department of State, Division of Corporations, State Records & UCC . Retrieved August 26, 2020 .
^ Lawson, Charlotte (October 26, 2020).
"The Strange Case of Guo Wengui" .
The Dispatch . Retrieved January 30, 2021 .
^
Hvistendahl, Mara (November 11, 2020).
"Questions Mount About Controversial Hunter Biden-China Dossier" .
The Intercept . Retrieved January 30, 2021 .
^
a
b Covucci, David (October 26, 2020).
"Hunter Biden's laptop is Schrödinger's October Surprise" .
The Daily Dot . Retrieved October 27, 2020 .
^
a
b Allsop, Jon (August 21, 2020).
"Bannon, Biden, the darkness, and the light" .
Columbia Journalism Review . Retrieved August 26, 2020 .
^
a
b
c Spegele, Brian; Hua, Sha; Viswanatha, Aruna (August 19, 2020).
"Fundraising at Company Tied to Steve Bannon and Guo Wengui Faces Probe" .
The Wall Street Journal . Retrieved August 26, 2020 .
^ Swan, Jonathan; Pandey, Erica (October 29, 2019).
"Exclusive: Steve Bannon's $1 million deal linked to a Chinese billionaire" .
Axios . Retrieved October 27, 2020 .
^ Dilanian, Ken; Blankstein, Andrew; Winter, Tom; Tur, Katy (August 20, 2020).
"Who is Guo Wengui, the Chinese billionaire who owns the boat Steve Bannon was arrested on?" .
NBC News . Retrieved August 26, 2020 .
^ Melendez, Pilar (August 20, 2020).
"Bannon Was Busted on Luxury Yacht Owned by Billionaire Chinese Fugitive" .
The Daily Beast . Retrieved August 26, 2020 .
^
"Meet Guo Wengui, Steve Bannon's Chinese-exile friend" .
The Economist . August 28, 2020. Retrieved August 28, 2020 .
^ Aspinwall, Nick (November 2, 2020).
"Guo Wengui and Steve Bannon Are Flooding the Zone With Hunter Biden Conspiracies" . Foreign Policiy .
^
" 'The truth about COVID-19': How anti-Beijing activists are spreading coronavirus conspiracies" . www.abc.net.au . October 9, 2020. Retrieved January 31, 2021 .
^
"A Site Tied To Steve Bannon Is Writing Fake News About The Coronavirus" . BuzzFeed News . Retrieved January 31, 2021 .
^ Qin, Amy; Wang, Vivian; Hakim, Danny (November 20, 2020).
"How Steve Bannon and a Chinese Billionaire Created a Right-Wing Coronavirus Media Sensation" . The New York Times .
ISSN
0362-4331 . Retrieved January 31, 2021 .
^ Song, Zijia (November 12, 2021).
"A $27 Billion Token Loved by Exiled Billionaire and Steve Bannon" .
Bloomberg.com .
^ Daalder, Marc (February 12, 2022).
" 'Splintered realities': How NZ convoy lost its way" .
Newsroom .
Archived from the original on February 13, 2022. Retrieved February 14, 2022 .
^ Mitchell, Charlie (February 12, 2022).
"Inside the disorienting, contradictory swirl of the convoy, as seen through its media mouthpiece" .
Stuff . Archived from
the original on February 13, 2022. Retrieved February 14, 2022 .