Old Towne Media, LLC: Buying a Political Revolution (HRC GROUP) [View all]
https://medium.com/VonEbsy/old-towne-media-llc-buying-a-political-revolution-40cbac5cb4c3#.fp81cktx7
Long and convoluted story:
https://twitter.com/maggieNYT/status/701506056548196356?ref_src=twsrc%5Etfw
Maggie HabermanVerified account
@maggieNYT
Sanders' filings have a listing for "Old Towne Media," which received more than $10 mill for what appears to be ad buying. No idea who owns the firm and email to Sanders team has gone unanswered. Sanders' ad - maker is Tad Devine, with different firm
There have been questions sporadically raised about Old Towne Media LLC(OTM), presidential candidate Bernie Sanders primary ad-buying agency.
As of the most recent filing month, Sanders campaign committee, Bernie 2016, has purchased a total of $44,428,881.00 through OTM, and after what will likely be massive disbursements this month, that number will rise dramatically.
It is not unusual for a candidate to purchase their ads through an ad agency. In fact, this is standard practice fellow contender Hillary Clinton utilizes ad giant GMMB.
What is unusual is that no one seems to know who Old Towne Media is and how a totally unknown firm came into possession of the most lucrative account in presidential politics. They have, almost overnight, become, per opensecrets.org, one of the largest vendors this cycle.
(A note on LLCs: they are perfectly legal business entities, and are often used as passthrough entities that are not subject to taxation like corporations would be.)
So, Who Exactly is Behind Old Towne Media, LLC?
https://d262ilb51hltx0.cloudfront.net/max/800/1*AvM5h5Z3wMm6_1pY4A9N7Q.png
https://medium.com/VonEbsy/old-towne-media-llc-buying-a-political-revolution-40cbac5cb4c3#.yagm33i5m
Story goes on in link....