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This study explores political parallelism in the context of diaspora-based transnational media through the experience of the Ethiopian Satellite Television and Radio (ESAT). The station is conceived as a party media outlet and transformed into a diaspora-based, non-profit and mainly diaspora funded institution. It has been operating from its three studios in Amsterdam, London and Washington, D.C., until recently. ESAT has emerged as one of the most influential media outlets in the political landscape of Ethiopia in the last ten years. The research, through qualitative and in-depth case study interviews, examines the underlying ideological, political and organizational affiliations that defined ESAT’s position in the media landscape. The study concluded that political parallelism, as an indicator of the dynamics between media and politics, can be used in the diaspora-based transnational media context. However, the study also validated critics on the inapplicability of the two preconditions of political parallelism, namely the existence of competitive system and patterns. The analysis confirms a high level of political parallelism in ESAT in all the five indicators selected for the study. The indicators considered are Ownership, Organizational connections, Party or ideological loyalty, Media personnel’s political involvement, and Journalists’ role orientation. Each of them demonstrated a level of parallelism in ideological orientations or party connection with Ginbot 7 Movement for Democracy and Justice. The study concluded that the salient features of political parallelism should further be studied in the context of the transnational media space of diaspora-based media.