Activist Hedge Fund Turns Prey as Spanish Media Fight Flares Up
Amber Capital founder Joseph Oughourlian won control of Spain's most influential media group after a shareholder activism campaign a decade ago. Now he's the one fighting off an ouster.
Oughourlian, a French hedge fund manager based in London, is clashing with pro-government Spanish businessmen that want him out of media company Promotora de Informaciones SA, owner of El Pais, the country's best-known newspaper. They're angry, in part, after his relations with the ruling Socialist party unraveled and he blocked the plan for a new pro-government TV station.
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USA Today
3 hours ago
- USA Today
L.A. Dodgers commit $1 million toward families of immigrants 'impacted by recent events'
One day after Department of Homeland Security officers infringed upon their home amid nearly two weeks of heightened tension in Los Angeles, the Dodgers on Friday announced a $1 million "commitment" toward financial assistance for families of immigrants "impacted by recent events in the region." Los Angeles has been roiled by aggressive raids from Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), which have honed in on workplaces frequented by immigrants. Marines and the National Guard have been dispatched to Los Angeles in the wake of protests that have seen heavy use of tear gas and projectile weapons by law enforcement. Meanwhile, the Dodgers have been heavily criticized for both action and inaction from their heavily Latino fan base. Manager Dave Roberts stated he didn't have enough information to opine on the situation, and the club came under more scrutiny after R&B singer Nezza sang the national anthem in Spanish at Dodger Stadium, and posted videos and correspondence showing it was against the Dodgers' wishes. Veteran utilityman Kiké Hernández posted a message of support on Instagram, and in the days following the club indicated it would soon show support for the area's immigrant population. Then came Thursday's caravan of DHS vans and vehicles to the Dodger Stadium gate, where they apparently hoped to use the grounds for staging. Protestors arrived and DHS officials were eventually escorted out a separate exit by the Los Angeles Police Department. But many remained and turned their grievances toward the Dodgers for staying largely neutral at a time the community was reeling. The Dodgers' statement nodded non-specifically toward events in the area while not referencing ICE, DHS or other outside forces. "What's happening in Los Angeles has reverberated among thousands upon thousands of people, and we have heard the calls for us to take a leading role on behalf of those affected,' said Dodgers president Stan Kasten, whose club generated an estimated $752 million in revenue last season and is valued at nearly $7 billion. 'We believe that by committing resources and taking action, we will continue to support and uplift the communities of Greater Los Angeles.' Mayor Karen Bass indicated the external infringement on the community has had an impact. 'These last weeks have sent shockwaves of fear rippling through every neighborhood and have had a direct impact on our economy," Bass said.
The Hill
7 hours ago
- The Hill
LA Dodgers pledge $1M to support immigrant communities after ICE raid backlash
After facing mounting pressure to speak out, the Los Angeles Dodgers have announced a $1 million commitment to support immigrant families affected by recent federal immigration raids across Southern California. The announcement, made Friday after a day-long delay prompted by the presence of federal agents at the team's stadium, marks the Dodgers' first public response to the growing backlash. 'In partnership with the City of Los Angeles, the Los Angeles Dodgers have committed $1 million toward direct financial assistance for families of immigrants impacted by recent events in the region,' read the beginning of the organization's statement. The Dodgers — criticized by immigrant-advocacy groups and community leaders for staying silent — said the financial pledge is only the beginning. The team plans to share more initiatives in the coming days 'with local community and labor organizations' to further aid youth and families affected by the raids. 'What's happening in Los Angeles has reverberated among thousands upon thousands of people, and we have heard the calls for us to take a leading role on behalf of those affected,' said Stan Kasten, president & CEO, Los Angeles Dodgers. 'We believe that by committing resources and taking action, we will continue to support and uplift the communities of Greater Los Angeles.' The Dodgers' statement also emphasized the team and the city's 'proven ability to get financial resources to those in critical need,' encouraging other organizations to follow suit. In the days leading up to the announcement, the team faced criticism from fans and immigrant groups for staying silent as ICE operations created fear across L.A. neighborhoods. A coalition of Latino organizations urged the Dodgers and other professional sports teams to step up. Last weekend, Latin American pop singer Nezza defied the team's reported request and performed 'The Star-Spangled Banner' in Spanish before a home game — an act that coincided with protests against what activists are calling a 'mass deportation program' tied to former President Trump's immigration rhetoric. The Dodgers later responded to Nezza's performance, saying there were 'no hard feelings' and that they 'would be happy to have her back.' Los Angeles Mayor Karen Bass praised the team's decision to take action: 'I want to thank the Dodgers for leading with this action to support the immigrant community of Los Angeles. These last weeks have sent shockwaves of fear rippling through every neighborhood and have had a direct impact on our economy. My message to all Angelenos is clear: We will stick together during this time and we will not turn our backs on one another — that's what makes this the greatest city in the world.'
Chicago Tribune
7 hours ago
- Chicago Tribune
Los Angeles Dodgers donate $1 million to aid families of immigrants affected by federal raids
LOS ANGELES — The Los Angeles Dodgers have donated $1 million to assist families affected by two weeks of immigration raids in Southern California. The defending World Series champion Dodgers also said Friday that they intend to form partnerships with the California Community Foundation, the Los Angeles County Federation of Labor and other organization to continue providing aid to immigrant families. 'What's happening in Los Angeles has reverberated among thousands upon thousands of people, and we have heard the calls for us to take a leading role on behalf of those affected,' Dodgers President Stan Kasten said. 'We believe that by committing resources and taking action, we will continue to support and uplift the communities of Greater Los Angeles.' The Dodgers announced the steps in a five-paragraph news release that was delicately worded to avoid potentially inflammatory political terms, and which stopped short of an explicit condemnation of the federal policy. The team said only that the financial aid would be provided 'for families of immigrants impacted by recent events in the region.' 'I think it's great,' Dodgers manager Dave Roberts said before his team faced the Washington Nationals. 'I'm sure the money is going to be allocated in the right way. I'm happy to hear that the Dodgers have done that, and it's certainly the right thing to do.' The Dodgers were briefly at the center of Southern California's opposition to federal immigration policy when the team asked federal agents to leave the stadium grounds Thursday after they amassed at a parking lot near one of the gates. Dozens of federal agents with their faces covered arrived at a lot near the stadium's Gate E entrance in SUVs and cargo vans. A group of protesters carrying signs against U.S. Immigration and Customs Enforcement arrived shortly afterward, and the agents eventually left. Roberts claimed his players haven't extensively discussed the situation in the clubhouse, but some Dodgers have been paying attention. Kiké Hernández, a Puerto Rico native, sharply criticized the raids on social media last weekend. Baseball Hall of Famer Jaime Jarrín, the Dodgers' lead Spanish-language broadcaster from 1959 until his retirement in 2022, also spoke up against the federal actions. Los Angeles mayor Karen Bass praised the Dodgers in the team's news release. 'I want to thank the Dodgers for leading with this action to support the immigrant community of Los Angeles,' Bass said. 'These last weeks have sent shockwaves of fear rippling through every neighborhood and have had a direct impact on our economy. My message to all Angelenos is clear: We will stick together during this time and we will not turn our backs on one another — that's what makes this the greatest city in the world.' Fans and lawmakers have called upon the Dodgers for several days to make an unequivocal statement of opposition to the raids, given their vast Latino fan base and heavy influence in the region. Other teams in the region have expressed their solidarity with the immigrant community, including Los Angeles FC and Angel City FC. U.S. Rep. Jimmy Gomez, who represents the Los Angeles area, went on social media earlier Friday to ask the Dodgers to speak up. 'In a city where 36% of the residents are immigrants and nearly 40% of the team's fan base is Latino, saying nothing is not just disappointing — it's a betrayal and an insult,' Gomez wrote. 'Silence is not an option. It's a choice.'
