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The Ricochet Superfeed

InfluenceWatch Podcast: Ep. 386: Soros’s Not-So-Independent News

The Ricochet Superfeed

Ricochet

News, Politics

4.4651 Ratings

🗓️ 25 November 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

What makes a journalistic outfit “completely independent”? According to Drop Site News, the outlet is exactly that, and “reader-supported” to boot. But recent Open Society Foundations spending reports suggest that the outlet is not completely reader-supported: George Soros’s philanthropy spent $250,000 to support the creation of a “MENA desk” for the group through a fiscal sponsorship […]

Transcript

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0:00.0

Hello, I'm Michael Watson, joined by Sarah Lee, and this is the Influence Watch podcast.

0:05.5

What makes a journalistic outfit completely independent?

0:09.6

According to drop site news, the outlet is exactly that, and readers supported to boot.

0:14.2

But recent Open Society Foundation's spending reports suggest that the outlet is not completely

0:19.8

readers supported.

0:21.6

George Soros's philanthropy spent $250,000 to support the creation of a MENA desk for the group through a fiscal sponsorship cutout.

0:30.5

Joining us to discuss the Open Society drop site relationship is Chuck Ross, senior investigative reporter at the Washington Free Beacon.

0:37.1

Chuck, before we begin, can you introduce our listeners to your work with the Free Beacon?

0:40.9

Yeah, and thanks for having me on.

0:43.2

I'm an investigative reporter over at the Free Beacon.

0:46.7

I've been with the outlet for going on four years now.

0:51.8

And I cover the gamut, you know, political, any political current events, campaign

0:59.0

spending and special interest groups as well, like Open Society and many of the others that

1:06.0

you guys at Capital Research also cover. In my work, I use a lot of, not to give you a plug right

1:12.5

up front, but I use so much of you guys' stuff or come across, it's usually on the first page

1:16.9

of Google search for many of the groups that we like to look into, to track their spending,

1:22.8

see their funding. Yeah, so it's a lot of fun to be on that beat, as you guys probably know as well.

1:31.1

We'll never turn down a plug. So what is this drop site news? You founded it. What do they cover?

1:40.4

What's their ideological position? Yeah. they launched last year last uh june or july uh

1:49.2

it was started by several former uh reporters at the intercept uh the intercept being the left

1:57.4

leaning website that was for years funded by Pierre Omidyar, the eBay billionaire.

2:04.7

And famously created by Glenn Greenwald and his crew that were part of the Snowden NSA leaks.

...

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